Philippine agriculture output drops by 3.3% in Q1 2021
May 10, 2021 2:05 PM PHT
Crops and fisheries, in contrast, recorded increases in production.
Livestock production contracted by 23.2%. Hog, which is the major contributor for livestock, dropped by 25.8%. We expected the poor performance of the hog industry as our efforts to control the African swine fever and repopulate ASF-free areas are yet to bear fruits, said Agriculture Secretary William Dar.
Poultry production declined by 7.4% as chicken production went down 11.2%.
Fisheries production posted a flat growth rate of 0.6% during the period.
Crop production grew 3.3%, as palay and corn production increased by 8.6% and 6.5%, respectively. We will continue to implement our Plant, Plant, Plant program that is mainly focused on increasing our basic food commodities like rice, corn, vegetables, livestock, poultry, and fisheries, Dar said.
Published May 10, 2021, 5:00 PM
In a portent on the GDP (gross domestic product) performance in the first quarter which will be announced today, the country’s agricultural production registered a way bigger decline in the first quarter of this year compared to the same period in 2020, but this didn’t prompt the Department of Agriculture (DA) to let go of its full-year ambitious growth target for the sector.
Agriculture Secretary William Dar (MANILA BULLETIN)
In a text exchange, Agriculture Secretary William Dar said that it is still DA’s “aspiration” to achieve its full-year growth target of 2.5 percent for the agriculture sector, despite the sector’s poor performance from January to March of this year, based on the latest data that Philippine Statistics Authority (PSA) released on Monday.
Published May 10, 2021, 6:35 PM
Amid the COVID-19 pandemic, 30 individuals in a barangay in Pasig City were provided free skills training and employment opportunities.
This was made possible by the collaboration between Barangay San Antonio, Pasig, and CFC-ANCOP, paving the way to a 10-day free skills training of masonry, scaffolding, and carpentry.
Raymond Lising, barangay chairman, said a total of 30 residents of their barangay are currently participating in the training program. The program started on May 3.
He said that providing job opportunities is also a form of pandemic response.
“Our main goal is to provide employment opportunities and skills development to our constituents. This was spearheaded by our committee on livelihood, headed by Councilor Norma Medalla,” he said in a statement.
Farm output declines anew in Q1 2021 with slower livestock, poultry production
Updated May 10, 2021 8:31:00 PM
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Metro Manila (CNN Philippines, May 10) The country’s agricultural production slowed down again in the first three months of 2021, the Philippine Statistics Authority reported.
Data from the agency published Monday revealed farm output fell by 3.3% year-on-year during the quarter, better than the 3.8% plunge in the final quarter of 2020 but worse than the 1.7% shrinkage in the same period last year.
“Declines in production were recorded for livestock and poultry, while crops and fisheries posted increases in production during the period,” wrote the PSA.
However, the value of farm production rose by 8.2% annually from January to March at ₱484.76 billion from ₱448.08 billion last year. Figures from the department showed average farmgate prices among the subsectors mostly rose during the period, with all livestock and poultry
Published May 10, 2021, 5:30 AM
The Department of Finance (DOF) expects non-food inflation to continue inching up in the coming months due to base effects from record low prices of petroleum products last year.
In the latest DOF economic bulletin, Finance Undersecretary Gil S. Beltran noted that non-food price inflation went up to 3.84 percent in April from 3.21 percent in the previous month.
“Base effects from energy prices on year-on-year inflation will continue to be felt in the coming months,” Beltran warned, citing that Dubai crude price had doubled from its second-quarter level in 2020.
Based on the World Bank data, Dubai crude price averaged at $64.77 per barrel last April, a whopping 178.3 percent increase from $23.27 per barrel in the same month last year, the lowest since December 2002.