Philippines: Agricultural production up, hogs down in third quarter of 2020

Agricultural production grew by 0.7% in the third quarter of 2020. This was due to increases in crop and fisheries production. Declines in outputs were recorded for livestock and poultry.

Crop production, which contributed 52.7% to the total agricultural output, went up by 4.8%. Corn production improved by 3.5%.

Livestock production decreased by -7.6%. It accounted for 17.5% of the total agricultural output. Hogs exhibited a -7.7% drop in output.

Poultry production, which shared 14.0% in the total agricultural output, was -3.8% lower during the period. Production of chicken was down by -7.2%.

Fisheries registered a 1.9% output increment. It contributed 15.8% to the total agricultural production.

At current prices, the value of agricultural production amounted to PhP 404.6 billion, 4.1% higher from the previous year’s level.