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Farm output shrinks 3.3% in Q2 on El Niño’s impact

Business Mirror LogoBusiness Mirror10h ago

Farm output shrinks 3.3% in Q2 on El Niño’s impact - Business Mirror

Quick Summary:

THE country’s farm output contracted by 3.3 percent in the second quarter as El Niño ravaged farmlands, according to the Philippine Statistics Authority (PSA).

Livestock production recorded a 0.2-percent decrease to 539,330 MT from 540,460 MT in the same period last year.“The top contributor to this decrement was carabao production, which dropped by 2.4 percent annually.

Agriculture Assistant Secretary Arnel de Mesa said the weather phenomenon that wreaked havoc on local plantations was the primary driver in the decline of the crop subsector.“El Niño was the main driver of the decline registered in crop subsector, particularly for palay, corn, and sugarcane,” De Mesa told reporters in a briefing on Wednesday, speaking partly in Filipino.


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Article Details

Author / Journalist: Ada Pelonia

Category: BusinessStartups

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 16:32:11 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 644 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 21971871

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 49 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 10 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #37

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