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Agriculture
recorded a 4.01 percent growth in 2001. All the subsectors expanded their respective outputs.
The upward trend in palay and sugarcane production and the accelerated
output increases in the poultry and fishery subsectors boosted
the performance of agriculture during the year. The sector's
gross value of production amounting to P621.4 billion at current
prices was 5.57 percent higher than the previous year's level. |
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The crops subsector
grew by 2.58 percent.
All the "major" crops except tobacco and abaca indicated
output gains this year. Palay production sustained its upward
trend while corn farms recovered from last year's negative growth
in output. Significant production increases were noted in sugarcane,
pineapple and mango farms. The subsector grossed P322.5 billion
at current prices and registered a 2.58 percent increment this
year. |
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Livestock
production was up by 2.87 percent. The hog industry which produced 4.40 percent more
output was the main source of growth. For 2001, the subsector
posted gross receipts of P106.4 billion at current prices, up
by 5.60 percent compared to last year's record.
The poultry subsector generated 7.80 percent more output in
2001. Both chicken and duck farms came up with creditable
performances. In particular, chicken production grew by 10.12
percent. The gross value of poultry production amounted to P85.9
billion at current prices, indicating a 14.17 percent increase
this year.
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The upswing in
fishery production was indicated by the 6.05 percent gain in
output this year. The
hefty 10.31 percent increase in aquaculture production drove
up the subsector's growth in 2001. A surge in commercial and
municipal fisheries production was also noted. The subsector
grossed P106.6 billion at current prices or 8.51 percent more
than last 2000 year's record. |
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Farmgate prices
in 2001 recorded an average increase of 1.50 percent. The downward pressure on prices was
heavier on the crops subsector as many of its major items suffered
from price cuts. Meanwhile, the poultry subsector enjoyed bigger
price gains averaging 5.90 percent. |