Padre Garcia Livestock Auction Market
Details
The Padre Garcia Livestock Auction Market is the home of the Cattle Trading Capital of the Philippines.
The place bustles especially on Friday mornings as livestock (mostly cattle, but also carabao, horses, pigs, and goats) are auctioned alongside stalls that sell farm implements.
The market started catering to animal traders from Pangasinan, Masbate, Marinduque, and the Bicol region in the 1950s.
Padre Garcia’s livestock market has been in operation for almost 70 years and is now regarded as a major economic contributor, bringing in nearly 12 million pesos per year.
Their livestock auction market transaction is handled through agreed-upon prices between seller and buyer rather than through bidding.
Mata-Mata
Weighing of cattles and other livestock is not the most practical method since the sheer volume of daily transactions are overwhelming.
The locals practice mata-mata (approximation) for faster negotiations. On the other hand, Other buyers and sellers in the auction market may use different trade approaches in selling and buying livestock.
The Padre Garcia Live Auction Market welcomes livestock agriculture traders from anywhere in the Philippines.