DA sees recent typhoons weighing down on first half agri growth
Agriculture Secretary Emmanuel Piñol on Tuesday said recent typhoons that hit the country late last year would have a significant effect in the productivity of the sector in the first six months of 2018
“There is no major effect for Q4 production since most of the hard hit palay areas were newly planted. I don’t think it will affect Q4 anymore. But Q1 and Q2 will be surely affected,” Piñol told reporters on Tuesday.
“There will be a decline in growth, but will not end up to negative figures,” he added. “It will be loss of income opportunity for the next six months at least,” he said.
The Agri chief added that the typhoon hit areas in Northern Mindanao remained covered with mud from flashfloods and landslides, preventing farmers to replant their fields.
In the first nine months of 2017, the Philippine Statistics Authority said that agriculture recorded a 4.64 percentgrowth in output. For the third quarter of 2017 alone, farm sector grew 2.32 percent.