FIRST 9 MONTHS DOWN 1.53%

Q3 agriculture output up nearly 3% – PSA

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THE AGRICULTURE sector bounced back in the third quarter of the year, the Philippines Statistics Authority (PSA) said on Tuesday, noting the higher output in crops, livestock and poultry subsectors has overcome the long-term impact of El Niño.

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Farm output grew 2.98 percent in the third quarter of 2016, reversing a 0.06 percent contraction a year earlier, the statistics office noted in the July-September 2016 Performance of Philippine Agriculture report.
At current prices, the gross value of agriculture output reached P360.9 billion, up 7.33 percent.

In January to September, however, agriculture output was down 1.53 percent.

The crops subsector grew by 5.24 percent in the third quarter, accounting for 45.63 percent of total agriculture output. Palay and corn production increased by 16.35 percent and 10.61 percent, respectively.

In the first six months of the year, palay and corn outputs were down 8.13 percent and 16.35 percent, respectively, from a year earlier. The declines were mainly attributed to the impact of El Niño on harvest yields.
Palay and corn outputs were estimated to grow by 6.73 percent and 8.98 percent, respectively, in July to December.

Earlier, the PSA said palay and corn outputs for calendar year 2016 may suffer setbacks of 0.08 percent and 2.41 percent, respectively.

Improved production was also noted in high-value crops like pineapple, tobacco, abaca, mongo, cassava, tomato, cabbage and eggplant.

At current prices, the crops subsector churned out P196.9 billion—up 13.78 percent in the third quarter year-on-year.

However, crop production was down 3.60 percent in the first nine months of 2016.

The livestock subsector grew by 3.89 percent in July to September, reflecting an 18.61- percent share of total agricultural output. Hog, a major contributor to the subsector’s production, registered a 4.55 percent increase.

The gross value of output amounted to P59.8 billion, an increase of 2.29 percent year-on-year.

In January to September, the subsector’s output increased by 5.04 percent.

The poultry subsector registered a 2.43 percent growth in output, contributing 17.15 percent to the total agricultural production. Except for duck, all components of the subsector recorded output gains.

At current prices, the subsector output reached P49.2 billion – up 3.61 percent.

In the first nine months of 2016, poultry production grew by 1.53 percent.

On the other hand, the fisheries subsector contracted by 2.53 percent. Still, its contribution to the total output reached 18.61 percent. Milkfish and skipjack with production increased by 3.88 percent and 10.29 percent, respectively.

At current prices, the subsector output amounted to P55.1 billion – down 3.94 percent year-on-year.
In January to September, the subsector registered 4.59-percent drop in production.

On average, prices in the farm sector were up 4.22 percent in the third quarter.

On the other hand, prices in livestock and fisheries subsectors were down 1.54 percent and 1.45 percent, respectively.

In January to September, farmgate prices increased by 3.72 percent on average.

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