Philippine farm output inched up in Q1

Philippine farm output inched up in Q1

MANILA, Philippines — The country’s agriculture sector registered a slight increase in production in the three months ending March 2024 as three subsectors posted a decline during the period, according to the Philippine Statistics Authority (PSA).

In a report published Wednesday, the statistics agency said total agriculture output inched up by 0.05 percent in the first quarter. This was slower than the 2.1-percent growth in farm output in the same quarter in 2023.

The overall value of the sector’s production in the first quarter was P428.99 billion.

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The 5.9 percent gain made by the poultry sector failed to shore up the output of the country’s farm sector as three subsectors—crops, livestock, and fisheries—slipped during the comparative period.

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The livestock posted the biggest decline in output, dropping by 3.6 percent. Decreases were recorded in hog and production while those of dairy, carabao, and cattle inched up.

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Fisheries dropped by 1.3 percent, with threadfin bream (bisugo), mudcrab (alimango), bali sardinella (tamban), blue crab (alimasag) and grouper (lapu-lapu) contracting the most.

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Crops production fell by 0.3 percent mainly due to the shrinking in palay output.

Poultry production – chicken, eggs, and ducks – grew by 5.9 percent.

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TAGS: agriculture fisheries, farm production

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