With quake and Yolanda, agri ‘likely’ declined in 2013: Neda

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Tuesday, January 7, 2014

WITH the first semester showing slow signs of growth for the agriculture sector in 2013, the National Economic Development Authority (Neda) 7 expects it continued to go down as the year ended with two big calamities.

Though not an economic growth driver for Central Visayas, agriculture is considered important to the economies of Bohol and Negros Oriental.

For the first half of 2013, agriculture production dropped 36 percent from 2012, more than double the drop in production from 2011.


Biggest drop

The biggest drop was in the fisheries subsector, which decreased 49.1 percent in production volume, dragging down the sector’s growth performance.

Industrial and commercial crops posted a 17.2 percent growth in production for the first semester of 2013, but this is lesser than its 2012 growth of 22.1 percent.

Production of palay, however, grew 8.5 percent, which was higher than the previous year’s growth of 6.3 percent.

Corn continued on its downward trend, from a 0.7 percent drop in 2012 to a 14.3 percent drop last year.

The production of livestock dipped one percent, with its biggest producers cattle and swine posting negative growth. Cattle production dropped 5.8 percent while swine production dipped 0.8 percent.

However, more carabaos and goats were raised from the same period the previous year, with carabao production growing at 7.2 percent and goat production at 2.5 percent.

Not a good year

For the poultry subsector, it posted growth of one percent, lower than its performance of the previous year, which was at 4.8 percent.

In its economic situation report, the Neda 7 noted that the sector’s production data already shows that it was not a good year for agriculture, suggesting it “further deteriorated.”

“With the adverse impact of the earthquake and typhoon Yolanda to the region’s agriculture sector, we have all the reason to believe that the sector would post a negative growth in gross value added in 2013,” the report stated.

Published in the Sun.Star Cebu newspaper on January 08, 2014.


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