Thursday, June 8, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business Agri & Mining

Agriculture output grew 2.1% in first quarter

Othel V. CamposbyOthel V. Campos
May 10, 2023, 7:40 pm
in Agri & Mining, Business
Reading Time: 2 mins read
A A
Share on FacebookShare on TwitterShare on Email

The agriculture sector, which accounts for about a tenth of the gross domestic product, grew 2.1 percent in the first quarter from a year ago on increased production of crops, livestock, poultry and fisheries, the Philippine Statistics Authority said Wednesday.

This followed the 1-percent contraction in farm and fisheries output in the fourth quarter and the 0.3-percent decline in the first quarter of 2022.
“At current prices, the value of production in agriculture and fisheries at P611.52 billion was 9.4 percent higher than the previous year’s level,” the PSA said.

Data showed that harvests of crops, representing 57.8 percent of the total value of agriculture production, rose 1.7 percent in the first quarter. Palay and corn grew by 5.2 percent and 3.2 percent, respectively.

Other crops that showed increased harvests were tobacco, onion, cassava, cabbage, abaca, mango, coconut, coffee, ampalaya and banana.
Sugarcane output fell 17 percent in the first quarter. The PSA also noted declines in the production of sweet potato, rubber, potato, pineapple, mongo, cacao, eggplant and calamansi in the three-month period.

Meanwhile, livestock production, with 14.4-percent share in total value of production, also showed an annual growth of 4.1 percent in the quarter. Hog production increased 5.1 percent, while cattle output improved by 1.9 percent.

Poultry production, with 15.1 percent share in total farm output, went up by 3.2 percent at constant prices in the first three months. All poultry commodities, except duck which recorded a decline of 0.3 percent, recorded annual growths in their value of production, the PSA said.

Meanwhile, fisheries production, representing 12.7 percent of the sector, rose 0.3 percent from January to March.

The PSA noted double-digit growth for squid at 18.2 percent, tilapia at 10.8 percent and blue crab at 10.5 percent.

Production increments on milkfish, big-eyed scad, yellowfin tuna, grouper and skipjack contributed to the overall fisheries output in the first quarter.

Mudcrab, bigeye tuna, frigate tuna, slipmouth, tiger prawn, threadfin bream, Indian Mackerel, cavalla, roundscad, fimbriated sardines and bali sardinella, locally known as tamban, saw lower production.

Seaweed, one of the country’s prized fishery exports, recorded 10-percent decline in first-quarter production.

Tags: AgriculturePhilippine Statistics Authority
ADVERTISEMENT
Othel V. Campos

Othel V. Campos

Related Posts

World Bank hikes PH growth forecast to 6%

byJulito G. Rada
June 7, 2023, 8:00 pm
0
8
World Bank OKs $600 million ‘reform’ loan

The World Bank on Wednesday raises its 2023 growth projection for the Philippines to 6.0 percent from 5.6 percent on...

Read more

PH e-commerce expected to grow 15% to $16b in 2023—Locad study

byOthel V. Campos
June 7, 2023, 7:55 pm
0
8
PH e-commerce expected to grow 15% to $16b in 2023—Locad study

Electronic commerce in the Philippines is expected to grow 15 percent to $16 billion in 2023 from $14 billion in...

Read more

US bank expects Bangko Sentral to keep interest rates

byJulito G. Rada
June 7, 2023, 7:50 pm
0
8
US bank sees BSP increasing borrowing rate to 6% in 1st half

Key interest rates are expected to remain untouched in the next policy meeting of the Bangko Sentral ng Pilipinas this...

Read more

Globe launches prepaid and affordable fiber Internet product

byDarwin G. Amojelar
June 7, 2023, 7:45 pm
0
8
How to throw a hybrid holiday party

Globe Telecom Inc. on Wednesday commercially launched a prepaid product to provide an affordable and flexible fiber-speed internet to underserved...

Read more

Repower extends book-building, postpones P1.15-b initial public offering to July

byJenniffer B. Austria
June 7, 2023, 7:40 pm
0
8
Repower extends book-building, postpones P1.15-b initial public offering to July

Repower Energy Development Corp. moved its planned P1.15 billion maiden share offering to July after it recently extended its book-building...

Read more

Foreign reserves declined to $101.3b as of end-May

byJulito G. Rada
June 7, 2023, 7:35 pm
0
8
Policy rate kept at 2% in MB’s last meeting this year

The Philippines’ gross international reserves declined to $101.3 billion as of end-May 2023 from $101.8 billion in April as the...

Read more

Print Edition

View More

Recent Posts

  • Road to freedom
  • ‘Don’t tamper with Maharlika’
  • LGUs near Mayon brace for sudden evacuation
  • Defense chief: PH not a pawn in SCS conflict
  • Lawmakers hail Speaker for ‘taking moral high road’ amid attacks
  • Gov’t to reverse medical ‘brain drain’—Herbosa
  • Find non-traditional trade, defense partners, Marcos orders PH envoys
  • DoTr wants NAIA privatized by first quarter of 2024

Advertisement

Latest News

Gov’t to reverse medical ‘brain drain’—Herbosa

byMacon Ramos-Araneta
June 8, 2023, 12:30 am
0
8
Gov’t to reverse medical ‘brain drain’—Herbosa

Newly appointed Health Secretary Teodoro Herbosa said he would make it his priority to address the brain drain in the...

Read more

Find non-traditional trade, defense partners, Marcos orders PH envoys

byVince Lopez
June 8, 2023, 12:25 am
0
8
Find non-traditional trade, defense partners, Marcos orders PH envoys

Filipino ambassadors should look continuously for so-called “non-traditional” partners in terms of trade, security, and defense requirements of the country,...

Read more

DoTr wants NAIA privatized by first quarter of 2024

byDarwin G. Amojelarand2 others
June 8, 2023, 12:20 am
0
8
Japanese nabbed for undeclared money at NAIA

The government on Wednesday said it aims to privatize the management and operation of the Ninoy Aquino International Airport (NAIA)...

Read more

The challenges on his screen

byManila Standard
June 8, 2023, 12:15 am
0
8
The challenges on his screen

Many will be watching the full swing and listening to the statements of Secretary of National Defense Gilberto Teodoro, named...

Read more

Development, not just welfare

byLito Banayo
June 8, 2023, 12:10 am
0
8
A crisis president

"Dynamism has come to an oft-looked down agency of government with an image of being a mere ‘ayuda’ distributor, hogging...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App