YEAR

AVERAGE PALAY PRICES

DIFFERENCE

FG

PS

t-test

(Php)

(Php)

(Php)

(%)

1994

6.91

6

0.91

13.17

5.76***

1995

8.56

6

2.56

29.91

5.49***

1996

9.14

8

1.14

12.47

2.81***

1997

8.66

8

0.66

7.62

2.60**

1998

9.67

8

1.67

17.27

7.71***

1999

9.12

10

−0.88

−9.65

−1.36ns

2000

9.37

10

−0.63

−6.72

−0.58ns

2001

8.82

10

−1.18

−13.38

−2.99***

2002

9.57

10

−0.43

−4.49

−0.03ns

2003

9.56

10

−0.44

−4.6

−0.16ns

2004

10.23

10

0.23

2.24

2.50**

2005

11.14

10

1.14

10.23

2.83**