0
According to Philippine Statistics Authority, agriculture posted a 1.15 percent growth in 2013. All subsectors registered output gains although increase in crop production was minimal. The livestock, poultry and fisheries subsectors contributed to the improved performance of the sector in 2013. At current prices, gross output in agriculture was valued at P1.5 trillion, representing a 3.51 percent increase from the 2012 earnings.
The livestock subsector recorded a 1.75 percent gain in production. It accounted for 16.23 percent of the total agricultural output. Hog and cattle production grew by 1.95 percent and 1.76 percent, respectively. Dairy output was 5.47 percent higher this year. At current prices, gross receipts from the subsector amounted to P233.2 billion or 8.82 percent more than last year’s level.
Hog production sustained its uptrend by posting a 1.95 percent increase this year. Increased slaughtering was encouraged by higher demand during the election period in the second quarter of the year.
The livestock subsector recorded an average price gain of 6.94 percent. All livestock components registered price increments. Hog had the biggest price increase of 7.87 percent due to high demand.
Wednesday January 22, 2014/ Philippine Statistics Authority/ Philippines.
http://www.bas.gov.ph
