{"id":11853,"date":"2025-05-08T07:15:44","date_gmt":"2025-05-08T05:15:44","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=11853"},"modified":"2025-05-08T07:15:44","modified_gmt":"2025-05-08T05:15:44","slug":"agricultural-growth-sees-1-9-increase-in-first-quarter","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/08\/agricultural-growth-sees-1-9-increase-in-first-quarter\/","title":{"rendered":"Agricultural Growth Sees 1.9% Increase in First Quarter"},"content":{"rendered":"<p><\/p>\n<p class=\"p2\">AGRICULTURAL OUTPUT increased <span class=\"s3\">by an annual 1.9% during the initial <\/span> quarter, as favorable weather conditions contributed to enhanced crops, fisheries, and poultry production, according to the Philippine Statistics Authority (PSA).<\/p>\n<p class=\"p3\"><span class=\"s4\">Figures from the PSA indicated that the worth of agriculture and fisheries production escalated by 1.9% in the January-to-March timeframe to P437.74 billion, surpassing <\/span><span class=\"s5\">the 0.2% rise in the first quarter of 2024.<\/span><\/p>\n<p class=\"p3\">This reflected a recovery from the adjusted 2% downturn in the fourth quarter, concluding three quarters of shrinkage.<\/p>\n<p><a title=\"Performance of Philippine Agriculture\" href=\"https:\/\/www.flickr.com\/photos\/142608056@N02\/54503425065\/in\/dateposted\/\" data-flickr-embed=\"true\"><\/a><\/p>\n<p class=\"p3\">\u201cThe worth of crops, poultry, and fisheries production showed improvements, whereas livestock continued to decline throughout the quarter,\u201d stated the PSA in a report, referencing constant 2018 prices.<\/p>\n<p class=\"p3\">At current prices, the production value in agriculture and fisheries increased by 2.3% in the first quarter to P623.66 billion.<\/p>\n<p class=\"p3\"><span class=\"s6\">\u201cWe are hopeful that the recovery in the first quarter signifies momentum for the latter half of the year \u2014 particularly as we activate new infrastructure such as cold storage <\/span>facilities <span class=\"s7\">and rice processing systems,\u201d <\/span>Agriculture<span class=\"s6\"> Secretary Francisco Tiu Laurel, Jr. expressed in a statement. <\/span><\/p>\n<p class=\"p3\"><span class=\"s8\">Nevertheless, former Agriculture Undersecretary Fermin D. Adriano remarked that the first-quarter agricultural <\/span><span class=\"s6\">output was \u201canticipated.\u201d<\/span><\/p>\n<p class=\"p3\"><span class=\"s5\">\u201c(This adheres to the) typical pattern of agri performance for the first quarter of the year considering the absence of typhoons and <\/span><span class=\"s8\">extreme weather <\/span><span class=\"s7\">phenomena\u2026 The harvest period extends in the first <\/span><span class=\"s6\">quarter of the year. Anticipate the second quarter, which is the planting (lean supply) phase for rice, where extreme heat impacts water supply for <\/span><span class=\"s7\">irrigation,\u201d he noted in a Viber message.<\/span><\/p>\n<p class=\"p3\"><span class=\"s8\">Crop production, which constituted 57% of the total, saw a rise of 1% to P249.61 billion during the January-to-March period. This marked a recovery from the 0.3% decline experienced in the same timeframe last year.<\/span><\/p>\n<p class=\"p3\"><span class=\"s5\">Palay or unmilled rice production improved by 0.3%, a betterment <\/span><span class=\"s8\">from the 2% contraction noted a year prior.<\/span><\/p>\n<p class=\"p3\"><span class=\"s6\">The volume of palay production reached 4.7 million metric tons (MMT) in the period ending March, up from 4.69 million MMT in the same timeframe last year.<\/span><\/p>\n<p class=\"p3\">The Department of Agriculture (DA) reported that yield achieved a record high of 4.09 MT per hectare, compensating for the decline in rice-planted areas. It aims for a record palay output of 20.46 MMT this year.<\/p>\n<p class=\"p3\">PSA information demonstrated that corn production fell by 5.1% in the first quarter, contrasting the 0.5% growth seen last year.<\/p>\n<p class=\"p3\">Coconut production shrank by 0.3%, slower than the 3.3% decline in the same quarter of 2024.<\/p>\n<p class=\"p3\">Crops that experienced a two-digit rise in output value include tobacco (80.4%), cacao (23.6%), sugarcane (19%), rubber (13.6%), coffee (10.7%), and mongo (10.1%).<\/p>\n<p class=\"p3\">Conversely, production value decreased for abaca (15.4%), sweet potato (9.4%), mango (7.5%), cabbage (6.4%), and calamansi (0.8%).<\/p>\n<p class=\"p3\">PSA data indicated that the poultry sector experienced a growth of 9.4% to P75.22 billion, contributing 17.2% to total farm production.<\/p>\n<p class=\"p3\">The value of chicken egg production increased by 12.1%, while chicken production grew by 8.7% and duck production by 1.5%.<\/p>\n<p class=\"p3\">Conversely, duck egg production decreased by 2.2% in the first quarter.<\/p>\n<p class=\"p3\">\u201cWe can observe a slight shift in consumer preferences towards the poultry sector as a source of food protein due to rising meat prices, particularly for hogs,\u201d commented Philippine Chamber of Agriculture and Food, Inc. President Danilo V. Fausto in a Viber message.<\/p>\n<p class=\"p3\">\u201cThis is reflected in the robust performance of chicken and egg production and a downturn in the growth of the hog sector,\u201d he added.<\/p>\n<p class=\"p3\">However, Mr. Fausto warned that the local poultry industry may encounter challenges if imports from the US increase.<\/p>\n<p class=\"p3\">\u201cThe poultry sector will face obstacles, especially if the US requires the entry of more chicken into the country as a bargaining strategy to reassess the tariffs imposed by Trump on Philippine exports to the US,\u201d he asserted.<\/p>\n<p class=\"p5\"><b>DECLINE IN LIVESTOCK<br \/>\n<\/b>Meanwhile, the worth of livestock production continued to fall in the first quarter.<\/p>\n<p class=\"p3\"><span class=\"s7\">PSA information revealed that livestock output decreased by 2.8% to P57.82 billion in the period ending March, although the rate of decline was slower than 3.5% in the same quarter last year. This represented 13.2% of the overall farm output. <\/span><\/p>\n<p class=\"p3\">Hog production tumbled by 3.7% in the first quarter, while carabao output reduced by 0.2%.<\/p>\n<p class=\"p3\">Nevertheless, an uptick in production was noted in dairy (10.5%), cattle (1.3%), and goat (1.2%).<\/p>\n<p class=\"p3\">\u201cLivestock contraction is anticipated as the previously promoted ASF (African Swine Fever) vaccine from the DA has been ineffective with little uptake by hog raisers,\u201d Mr. Adriano commented.<\/p>\n<p class=\"p3\">The DA mentioned in March that it was expecting Food and Drug Administration approval by April for the commercial distribution of ASF vaccines from Vietnam.<\/p>\n<p class=\"p3\">\u201cHopefully, we could commence later this year the commercial rollout of the much-awaited ASF vaccine, which will help initiate a large-scale hog repopulation effort by the DA,\u201d Mr. Laurel remarked.<\/p>\n<p class=\"p3\">Bureau of Animal Industry statistics as of April 11 indicated that ASF had been detected in 54 villages, rising from 39 as of March 14.<\/p>\n<p class=\"p3\">Simultaneously, fishery production experienced a 1.5% increase to P55.1 billion in the first quarter, accounting for 12.6% of the total output. This represented an improvement from the 0.2% decline in the same period of 2024.<\/p>\n<p class=\"p3\">Milkfish (<i>bangus<\/i>) production rose by 7.8%, while tilapia saw a slight increase of 2.2%.<\/p>\n<p class=\"p3\">Double-digit growth was recorded for slipmouth or <i>sapsap<\/i> (21%), mudcrab or <i>alimango<\/i> (20%), Indian mackerel or <i>alumahan<\/i> (14.5%), and blue crab or <i>alimasag<\/i> (12.1%).<\/p>\n<p class=\"p3\">However, declines were noted for fimbriated sardines or <i>tunsoy<\/i> (34.5%), roundscad or g<i>alunggong<\/i> (14.7%), cavalla or <i>talakitok<\/i> (12.7%), and bigeye tuna or <i>tambakol<\/i> (11.2%).<\/p>\n<p class=\"p3\">Raul Q. Montemayor from the Federation of Free Farmers stated that the agriculture sector still needs to catch up significantly, especially following last year&#8217;s output decline.<\/p>\n<p class=\"p3\">In 2024, farm output fell by 2.2%, largely due to the El Ni\u00f1o weather phenomenon, which inflicted an estimated P15 billion in damage to local agriculture. \u2014 <b>K.A.T.Atienza<\/b><\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bworldonline.com\/top-stories\/2025\/05\/08\/671126\/agricultural-output-rises-1-9-in-q1\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AGRICULTURAL OUTPUT increased by an annual 1.9% during the initial quarter, as favorable weather conditions contributed to enhanced crops, fisheries, and poultry production, according to the Philippine Statistics Authority (PSA). Figures from the PSA indicated that the worth of agriculture and fisheries production escalated by 1.9% in the January-to-March timeframe to P437.74 billion, surpassing the<\/p>\n","protected":false},"author":3,"featured_media":11854,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[2361],"class_list":["post-11853","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-and-markets","tag-return-a-list-of-comma-separated-tags-from-this-title-agricultural-output-rises-1-9-in-q1"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Agricultural Growth Sees 1.9% Increase in First Quarter - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/08\/agricultural-growth-sees-1-9-increase-in-first-quarter\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agricultural Growth Sees 1.9% Increase in First Quarter - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"AGRICULTURAL OUTPUT increased by an annual 1.9% during the initial quarter, as favorable weather conditions contributed to enhanced crops, fisheries, and poultry production, according to the Philippine Statistics Authority (PSA). 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