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San Diego Daily

Farm output rises 2.9% in Q2 on strong crop, livestock, poultry, fisheries output

Farm output rises 2.9% in Q2 on strong crop, livestock, poultry, fisheries output thumbnail
PHILIPPINE STAR/KRIZ JOHN ROSALES

Agricultural production increased 2.9% year-on-year in the second quarter year due to gains in crop, livestock, poultry, and fisheries output, the Philippine Statistics Authority (PSA) said.

The PSA reported that the value of production in agriculture and fisheries at constant 2018 prices grew to P452.22 billion in the second quarter from P439.66 billion a year earlier.

The increase lagged the year-earlier performance of 6.0%.

Posting growth were crops (1.6%), livestock (3.6%), poultry (6.3%), and fisheries (2.7%).

Crop output, which accounted for 55% of the total value of agricultural production, grew 1.6% to P248.90 billion in the second quarter. Palay (unmilled rice) and corn posted improvements in total value of 5.7% and 0.8% respectively.

Livestock production, which accounted for 13.7% of overall production, grew 3.6% to P61.83 billion in the second quarter. Hog production posted 5.6% growth.

Poultry, which accounted for 17.7% of total farm output, jumped 6.3% in the second quarter to P79.84 billion.

Fisheries production increased 2.7% to P61.64 billion. The sector accounted for 13.6% of the total output. — Marron Joshua F. Mendoza

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