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Jan 22, 2016 @ 7:57

PH farm output falls in 4Q 2015

Philippine farm output shrunk by one percent in the last quarter of 2015 because of the long dry spell and damages caused by Typhoon “Lando”, the Bureau of Agriculture Statistics said. On annual basis, however, agricultural production growth was flat, expanding by a mere 0.11 percent.

The decline in the crops and fisheries subsectors in the fourth quarter were too substantial that the increases in the livestock and poultry subsectors failed to pull it up.

The crops subsector, which accounts for more than half of agricultural production, reported an almost three-percent decline in output during the period. Palay production fell by almost four percent and corn production dropped by six percent.

The BAS, however, reported gains in the production of coconut, banana, pineapple, coffee, tobacco, abaca, peanut, mongo, cassava and calamansi in the fourth quarter. For the whole year of 2015, production in the crops subsector dropped by almost two percent, dragged by lower palay and corn production.

Livestock production, however, increased by 3.72 percent in the fourth quarter, with hog production growing by over four percent. The livestock subsector accounts for 17 percent of total output. For the full year of 2015, livestock production increased by 3.83 percent.

Poultry production likewise expanded, growing by 4.17 percent in the fourth quarter. All its components, except for duck, reported increases. Chicken production alone grew by 3.58 percent. For 2015, growth in the poultry subsector was at 5.74 percent.

Production in the poultry subsector went up by 4.17 percent in the fourth quarter. It shared 14.72 percent in the total agricultural production. Except for duck, all components of the subsector posted increases in output. Chicken production which expanded by 3.58 percent boosted the subsector’s growth. Gross value of output amounted to P53.4 billion at current prices, representing an increase of 2.98 percent from last year’s record. For 2015, the subsector’s output expanded by 5.74 percent.

The fishery subsector also reported declines, shrinking by 4.28 percent in the last quarter, despite increases in tilapia and seaweed production. For 2015, the fisheries subsector reported a 1.96-percent drop. (Eileen A. Mencias)



 

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