|Economics of the Philippine Milkfish Resource System (UNU, 1982, 66 pages)|
|III. The transformation sub-system: cultivation to market size in fishponds|
Milkfish farms vary in size from 100 sq m to 200 ha and more. The average farm size in the whole country is 16 ha (table 9), with the largest average size farm found in lloilo Province. According to the results of the survey, the smallest farm is 0.1 ha while the largest is 250 ha.
For purposes of this paper, size of farm operations is defined as follows: below 6 ha is small; 6-50 ha is medium; and more than 50 ha is large.49 On the basis of these definitions, most milkfish farms in the country are of either small or medium size, constituting 43 per cent and 50 per cent of all farms in the sample respectively. Only 7 per cent of the farms are classified as large farms. These size distinctions are important to keep in mind because there are significant differences in yields (productivity per hectare) among farm sizes.
It should be noted that in some parts of the country such as Bulacan which was one of the first provinces in the Philippines to be affected by land reform in 1962, it is not too surprising that, by and large, milkfish farmers are hesitant to reveal their true farm sizes. It is quite common to find that ownership of large farms is "disguised" under several names.