DA sees positive agri growth for 2nd half of the year
Despite unfavorable weather conditions, the DA is staying positive for the sector in the coming months.
The Department of Agriculture is currently anticipating a “positive” growth for the country’s agriculture for the second half of the year, BusinessWorld reported.
Following the contraction observed during the end of June, DA chief Manny Piñol said as the office’s head relayed legislative priorities for the sector to the House of Representatives on August 25.
“We’re looking a positive growth for Philippine agriculture… so far the rice fields are green, our harvest is bumper and everything is turning outright. We are expecting for a positive growth,” Piñol said during the sidelines of the 2017 budget deliberations.
Output of the sector fell 2.34% during the second quarter, the Philippine Statistics Authority reported last week. However, this was nearly half the 4.53% recorded contraction in January-March period that that mainly brought about by the brunt of drought. Its adverse impact was felt by farms beginning the second quarter in 2015 that itself saw an upwardly revised 0.01% slip.
The second-quarter drop took agriculture performance last quarter to a 3.48% contraction, against the 0.89% increment logged in 2015’s equal six months.
“La Niña would not come in until after most of our farmers harvested because we were told the La Niña would come in somewhere at the end of September, October and November. By that time, most of the rice farmers in the eastern sea board of the country would have already harvested,” Piñol added.