ARE PINOY PALAY FARMERS BETTER OFF? ANALYZING THE RESULTS OF THE 2022 SURVEY ON COSTS AND RETURNS OF PALAY PRODUCTION
Conference
10th International Conference on Agricultural Statistics
Format: CPS Abstract - ICAS 2026
Keywords: costs, paddy, production
Abstract
The Survey on Costs and Returns (SCR) of Palay Production generates data on the cost structure of palay production and average use of materials and labor inputs, measures of profitability, and other socio-economic characteristics of palay farming in the country. It also serves as benchmark data which are needed in the annual updating of the database on costs and returns of palay production.
Keywords: SCR, Palay, Cost of Production, Costs and Returns, CoP
Data on production costs and returns had been gaining more attention because of its varied uses and applications for the policy analysts, national accounts compilers, farmers, and other entrepreneurs in the agriculture sector. For palay farmers, data on production costs and returns can serve as basis for their planning and programming activities. They can use this data in selecting the most profitable set of crops to plant during a particular season. For both government and non-government planners and policy makers, data on production costs and returns can be used in designing appropriate programs and projects to boost the growth and development of the palay industry.
The 2022 SCR of Palay Production was conducted by the Philippine Statistics Authority, with funding support from the Department of Agriculture - Bureau of Agricultural Research. This paper will present the key findings on production cost structure of palay as well as summary of indicators on measures of profitability covering the country’s sixteen (16) regions.