Monday, September 9, 2013

Livestock Production Report January to June 2013

Agriculture grew by 1.44 percent in the first half of 2013. Output increments from the livestock, poultry and fisheries subsectors contributed to the overall production gain during the period. The crops subsector suffered a contraction. At current prices, gross earnings in agriculture amounted to P697.2 billion, higher by 0.88 percent than last year's record

The crops subsector which shared 51.79 percent in total agricultural output recorded a 0.54 percent decline. Palay output grew by 1.34 percent. Corn, coconut, sugarcane and banana came down with lower production during the period. The subsector grossed P375.1 billion at current prices. This was 4.30 percent lower than last year's performance.


Livestock production increased by 2.12 percent. The subsector contributed 15.53 percent to total agricultural production. Production increases were noted for hog at 2.36 percent and cattle at 2.28 percent. At current prices, the subsector grossed P111.8 billion, up by 11.43 percent from last year's earnings.

The poultry subsector accounted for 14.58 percent of the total agricultural production. It registered 4.39 percent growth in output. Chicken production which increased by 5.05 percent was the main source of growth. The subsector grossed P86.4 billion at current prices. This was 6.25 percent higher from last year's earnings.

On the average, farmgate prices went down by 0.56 percent in the first half of 2013. The crops subsector posted an average price decline of 3.78 percent. Prices in the livestock subsector increased by an average of 9.12 percent. Poultry subsector had a 1.78 percent price gain this year. In the fisheries subsector, prices inched up by an average of 0.94 percent.

Thursday, August 22, 2013

Cattle Project for OFWs



A novel investment scheme for a cow-calf operation designed especially for overseas Filipino workers (OFWs) is being offered by King Ranch, a successful beef cattle breeding and fattening operation in Batangas which is expanding to a 10,000-hectare farm in Palawan.

King Carlos, who is managing the ranch together with his father Alex, says that the project was particularly crafted for returning overseas workers, many of whom are being returning home because of growing political tensions in the Middle East and elsewhere.

He cited the political tensions in Egypt as well as in Syria which are displacing many of the workers there, forcing them to return to the Philippines without assurance of a well-paying job. The other development that is causing serious concern is the Saudization in Saudi Arabia. More