Business World

DA counting on late-year grain harvest, livestock to drive 2016 output growth

- Janina C. Lim

THE Department of Agricultur­e has pinned its hopes on the livestock sector and an expected bumper grain harvest this quarter amid favorable weather, with the Agricultur­e secretary saying he “hopes” for output growth of 7% to 8% in the three months to December, which will be sufficient to drive full-year growth to the mid-single digits.

“Judging from what I have seen, and we are counting on a good harvest, I think production in the last quarter of 2016 was solid, and we will post positive growth. I hope at the end of the year the agricultur­e sector’s growth will be between 3.5% and 5%,” said Agricultur­e Secretary Emmanuel F. Piñol in a news conference in Quezon City on Tuesday.

Mr. Piñol said that based on field inspection­s and his “gut feel” as a farmer, the fourth quarter will be strong in the areas of grains and livestock.

“I’ve been traveling around the country, actually, and I can tell you as a farmer this cropping season will be another bumper harvest,” Mr. Piñol added, noting that the livestock sector will also be a highlight of the fourth quarter.

The growth projection for the year is considerab­ly higher than the 2015 level of 0.11%.

However, Mr. Piñol also added that the farm sector is coming off a first-half decline due to the El Niño-induced dry spell that hit the country earlier this year.

In the three months to September, the Philippine Statistics Authority reported that farm output growth hit 2.98%, bringing the sector’s performanc­e in the first nine months of the year to minus 1.53%.

Mr. Piñol noted that to achieve the 2016 projection, growth of about 7% or 8% is needed in the fourth quarter.—

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