Agriculture Secretary William Dar said the drop in the agriculture sector’s contribution to the country’s gross domestic product (GDP) in 2020 was “negligible” and even took this as a sign of recovery for the sector. Department of Agriculture Secretary William Dar (Department of Agriculture...
Hit by calamities in 2020 A “perfect storm” – comprised of a series of typhoons, COVID-19 lockdown restrictions, the persistence of African Swine Fever (ASF), among other unfortunate scenarios – has challenged the agriculture sector in 2020, bringing down the total full-year output at -1.2...
The Philippines may still end up importing 600,000 metric tons (MT) of corn next year despite the government’s new policies limiting the issuance of Sanitary and Phytosanitary import clearances (SPS-IC) on the staple as well as feed wheat. In the latest Global Agricultural Information...
Palay prices slightly picked up during the first week of November compared to previous weeks, a data from the Philippine Statistics Authority (PSA) showed. However, in some areas, prices still fell to as low as P10.71 per kilogram (/kg). During the first week of November, the average farmgate price...
NEDA cites effects of typhoons, restrictions on public transport The rate of increase in consumer prices in November quickened to its fastest pace in nearly two years due to recent typhoons as well as government restrictions on public transport, the National Economic and Development Authority...
The number of jobless Filipinos dropped in October as businesses resumed their operations amid easing movement restrictions, the Philippine Statistics Authority (PSA) announced today. The country’s unemployment rate in October this year was estimated at 8.7 percent, equivalent to 3.8 million...
The harvest season for rice is over, but palay prices are still falling, a data from the Philippine Statistics Authority (PSA) showed. During the fourth week of October, the average farmgate price of palay fell by 0.4 percent to P15.36 per kilogram (/kg), compared to its level of P15.42/kg in...
The agriculture sector grew at a slower pace during the third quarter of the year, as increases in crop and fisheries production were not enough to offset the losses recorded in livestock and poultry. Data from the Philippine Statistics Authority (PSA) showed that from July to September, farm...
Rice farmers in the Philippines recorded lower earnings during both the dry and wet harvest seasons last year despite having lower production cost. Photo by Andhika Y. Wiguna on Unsplash. Based on the latest data from the Philippine Statistics Authority (PSA), the total cost of rice farmers during...
DA readies cash assistance to farmers The farm-gate price of palay continues to drop during the fourth week of September, with prices in some areas still below the breakeven price farmers had spent for the last planting season. The good news is that the Department of Agriculture (DA) was recently...
Both the farmgate and retail prices of the country’s main staple food palay and corn are on a downtrend, which is bad news for farmers but good news for consumers. Latest data from the Philippine Statistics Authority (PSA) showed that farmgate price of palay fell further during the first week of...
Foreign investment approvals fell by more than three-fifths in the second-quarter this year after several areas in the country implemented large scale movement restriction to curb the spread of coronavirus disease. Data from the Philippine Statistics Authority (PSA) showed that total approved...
