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The total value of production in agriculture and fisheries sector grew by 2.1% in the first quarter of the year, the Philippine Statistics Authority (PSA) reported. The value of production amounted to PHP428.69 billion, up from last year's PHP419.96 billion.
The total value of livestock production expanded by 4.1% to PHP61.65 billion from PHP59.21 billion in the first quarter of 2022. The value of poultry production which amounted to PHP64.94 billion, went up by 3.2% from the previous year's PHP62.96 billion, while fisheries production slightly rose to PHP54.32 billion from PHP54.14 billion.
Hog production grew by 5.1% and cattle production by 1.9%. Chicken production grew by 3.3%, chicken eggs by 2.8%, and duck eggs by 3.8%. Decreases, however, were seen in the production of carabao (-1.2%), goat (-3.6%, and dairy (-11.4%).
The value of crops reached PHP247.76 billion, an increase of 1.7% from the PHP243.65 billion a year ago. In terms of volume, both palay and corn production expanded by 5.2% and 3.2%, respectively.
May 10, 2023/ Philippines News Agency/ Philippines.
https://www.pna.gov.ph/
