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Bacolod City, PhilippinesMonday, September 12, 2011
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Agriculture sector posts
5.48 percent growth

Agriculture in the Philippines posted a 5.48 percent growth in the first six months this year with the crop sector as the major contributor, a Bureau of Agricultural Statistics report showed.

It said crops expanded by 11.13 percent and contributed 51.76 percent to the total agricultural output. The production of corn and palay increased by 14.45 and 37.03 percent, respectively, while sugarcane posted a 75.59 percent growth.

The gross total of crops is P411.8 billion at current prices, which is 31.09 percent higher than last year of the same period, the report also showed.

Livestock and poultry sectors showed a 0.85 percent and 3.60 percent increase. Livestock’s contribution to the total agricultural production is 15.27 percent while 13.35 percent for poultry.

Though hog production went up by 1.04 percent, the total gross value of livestock production was P103.1 billion at current prices, which is 1.64 percent lower than last year.

The report also showed that chicken production grew by 3.80 percent and chicken egg production went up by 3.48 percent. The total gross for poultry was P77.8 billion at current prices, which is 0.16 percent higher than last year.

Meanwhile, production in the fisheries sector declined by 2.89 percent however its total gross income is P113.6 billion, which is 1.08 percent higher than last year, it also said.

The total gross value of agricultural output amounted to P706.4 billion at current prices which is 15.97 percent higher than last year of the same period, the report added.*LTG

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