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[av_heading heading=’Growth of livestock industry’ tag=’h3′ style=’blockquote modern-quote’ size=’30’ subheading_active=’subheading_below’ subheading_size=’18’ padding=’10’ color=” custom_font=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”]
BY JULIO P. YAP JR.
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Wednesday, March 7, 2018
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IN THE second quarter of 2017, the gross value of agricultural production was recorded to reach P422.36 billion at current prices.
The Philippine Statistics Authority (PSA) says this was 11.41 percent higher than the previous year’s record.
For the livestock subsector alone, the gross value of output during the second quarter of 2017 amounted to about P71.92 billion at current prices.
All components of the subsector contributed to the 12.48 percent growth in gross earnings.
According to the PSA, price appreciation duringthe quarter pushed up the gross receipts from hog by 14.36 percent, carabao by 11.67 percent, goat by 3.08 percent, and cattle by 1.07 percent.
With the combined increases in output and prices during the reference quarter, gross earnings from dairy grew by 18.83 percent.
For the farmgate prices, the livestock subsector registered an average price hike of 14.06 percent.
All livestock components posted price increments.
Lower production but the same level of demand from Hotel and Restaurants Industries (HRIs) pushed up prices of hog by 15.89 percent, carabao by 13.38 percent, goat by 5.04 percent, and cattle by 3.19 percent.
As of July 1, 2017, the total cattle inventory was estimated at 2,561,270 heads.
Around 93.94 percent or 2,406,109 heads were raised in backyard farms and the remaining 6.06 percent or 155,161 heads were found in commercial farms.
Inventory on backyard farms with 2.41 million heads increased by 0.61 percent compared with the previous year’s stocks.
However, cattle inventory in commercial farms at 155.16 thousand heads decreased by 5.46 percent compared with previous year’s level.
But the Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development of the Department of Science and Technology (PCAARRD-DOST) said the present trends in the livestock industry show that the cattle sector has the highest percentage for growth.
Three aspects can be attributed for the significant demand – the increasing human population, changing eating habits of the Filipinos, and the import liberalization.
PCAARRD also added that the local cattle industry has been recognized as a contributor to rural income and the efficient use of the available resources in the rural sector.
Cattle including carabao are the basic livestock occupying an important role in the subsistence of rural families.
For the chicken inventory in the country, it was estimated to be at 181.05 million birds, as of July 1, 2017.
This went up by 3.73 percent compared with the previous year’s total inventory.
The inventory of layer and native/improved chickens recorded respective increases of 9.80 percent and 5.35 percent.
As of July 1, 2017, the total swine population stood at 12.52 million heads.
This was 0.16 percent higher compared with the previous year’s inventory of 12.50 million heads.
Hog, the major contributor to the subsector’s performance registered a 3.50 percent growth in production.
The subsector’s gross value of output amounted to P65.4 billion at current prices, representing an increase of 9.37 percent compared to the same period last year.
These figures would show the potentials of the livestock industry in the country. (jaypeeyap@ymail.com/PN)
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