Agricultural output shrinks in Q2

AGRICULTURAL output shrank by 1.5% within the second quarter. Hog manufacturing continued to say no as a result of African Swine Fever outbreak. — PHILIPPINE STAR/ MICHAEL VARCAS

By Revin Mikhael D. Ochave, Reporter

PHILIPPINE AGRICULTURAL output contracted by an annual 1.5% within the second quarter on account of a stoop in livestock and fisheries manufacturing, the Philippine Statistics Authority (PSA) mentioned on Monday.

In a report, the statistics company mentioned the worth of agricultural manufacturing at fixed 2018 costs declined by 1.5% in the course of the April to June interval, a reversal of the 0.5% development throughout the identical interval in 2020.

“Decreases within the manufacturing ranges have been famous for livestock and fisheries. In the meantime, manufacturing of crops and poultry posted will increase in the course of the interval,” PSA mentioned.

Performance of Philippine agriculture (Q2 2021)

Nonetheless, the second-quarter agricultural output drop is a slight enchancment from the three.4% decline seen within the first quarter.

Agriculture Secretary William D. Dar mentioned in a cell phone message that the figures present a “resilient agriculture” sector regardless of the continuing coronavirus pandemic and the African Swine Fever (ASF) outbreak.

At present costs, the worth of agricultural manufacturing stood at P503.3 billion within the second quarter, up 7.2% yr on yr.

The PSA is scheduled to launch second-quarter gross home product (GDP) information on Tuesday morning. Agriculture often contributes round a tenth to GDP.

For the first half, the worth of agricultural manufacturing contracted by 2.5%, worse than the 0.6% drop a yr in the past.

Livestock manufacturing, which accounted for 14.2% of whole farm output, slid by 19.3% within the April to June interval. For the six-month interval, livestock output declined by 21.4%, worse than the 4.5% contraction seen throughout the identical interval a yr in the past.

The ASF outbreak continued to have an effect on the trade, with hog manufacturing falling 26.2% within the second quarter. In distinction, double-digit development was seen for cattle (32.6%), carabao (26.2%), and goat (23.4%) manufacturing.

Rolando E. Tambago, Pork Producers Federation of the Philippines, Inc. president, mentioned in a cell phone message that hog manufacturing is predicted to additional drop till early 2022.   

“Many hog raisers are nonetheless scared as a result of danger of ASF and with low client demand introduced by the COVID-19 pandemic,” Mr. Tambago mentioned.   

“Additional, with the most important consuming inhabitants affected by lockdowns, and with the entry of low cost pork imports, native pork producers simply can not compete by way of manufacturing,” he added.

Fisheries output, which accounts for 16.1% of total agricultural manufacturing, additionally slipped by 1.1% within the second quarter. For the primary half, fisheries manufacturing dipped by 0.5%, easing from the -0.9% a yr earlier.

The PSA reported double-digit declines in yellowfin tuna (-34.9%), roundscad (-18.3%), threadfin bream (-17.1%), frigate tuna (-16.9%), fimbriated sardines (-13.7%), skipjack (-12%), and Bali sardinella (-10%).

Different fish species noticed greater output comparable to blue crab (24.2%), tilapia (14.3%), mudcrab (13.4%), milkfish (12.5%), grouper (8.7%), slipmouth (5.1%), squid (4%), and bigeye tuna (3%).   

Roy S. Kempis, Pampanga State Agricultural College professor, mentioned Filipinos’ fishing exercise within the West Philippine Sea might have been affected by the presence of Chinese language vessels.

“We’re regularly dropping entry to this fishing space. The opposite is water temperature in our seas. Whereas hotter waters assist in meals digestion in fish, there’s a restrict to this. Dissolved oxygen decreases as sea and freshwater temperature rises. That is demanding and will kill or develop ailments amongst fish,” Mr. Kempis mentioned in a cell phone message.

In the meantime, crops and poultry manufacturing have been vibrant spots for the agriculture sector within the second quarter.

Accounting for greater than half of whole agricultural output, crop manufacturing rose by 3.1% within the April to June interval and by 3.2% within the first half.

Manufacturing of palay — or unmilled rice — and corn went up 1.2% and 6.3%, respectively.

Others crops that recorded double-digit development in manufacturing embrace sugarcane (34.8%), potato (24.8%), onion (22%), and cabbage (13.1%). Different crops comparable to mongo (-8.5%), calamansi (-7.8%), cassava (-4.2%), tobacco (-2.1%), abaca (-1.2%), coffee (-0.3%), and mango (-0.2%) noticed decrease manufacturing.   

Mr. Kempis mentioned greater crop output might be attributed to the commonly good climate within the second quarter.

“With good costs due to good high quality harvest plus extra amount harvested, total worth of rice and corn rises,” he mentioned.

Poultry manufacturing, which shared 13.5% of total farm output, jumped 2.5% for the quarter. Nonetheless, for the primary half, poultry output fell by 2.6%.

PSA information confirmed manufacturing elevated for duck (38.4%), rooster eggs (13.1%), and duck eggs (1.8%), whereas rooster manufacturing went down by 1.6%.    

Rolando T. Dy, govt director of the Middle for Meals and Agri-Enterprise of the College of Asia and the Pacific (UA&P), mentioned in a cell phone message that poultry manufacturing improved after a shift in demand when pork costs spiked as a result of provide scarcity earlier this yr.

“The demand has shifted by way of poultry manufacturing. I believe hog manufacturing will face challenges till the top of the yr,” Mr. Dy mentioned.   

The Division of Agriculture (DA) lately downgraded its full-year development goal for the agriculture sector to 2%, decrease than its earlier objective of two.5%.   

Basis for Financial Freedom (FEF) President Calixto V. Chikiamco mentioned the two% development goal will now be more durable to succeed in because of the second-quarter figures.   

“It was additionally destructive within the first quarter. Then you might have one other lockdown disrupting demand and manufacturing within the third quarter. I believe full-year agricultural development will now be at 1% development and even much less,” Mr. Chikiamco mentioned in a cell phone message.

Federation of Free Farmers (FFF) Nationwide Supervisor Raul Q. Montemayor mentioned the agriculture sector has to indicate significant development within the second semester to realize the DA’s goal.

“We have to obtain a 6.3% enhance in gross value-added (GVA) for agriculture within the second half to finish 2021 with a internet 2% development in fixed 2018 costs. Between 2016 and 2020, the best second semester development fee was solely 2.78% registered in 2017. Which means the 6.3% is traditionally troublesome to realize,” Mr. Montemayor mentioned.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *