PH Farm Output Slumps 5% in Q3 Amid Weather Woes, High Costs
Environment

PH Farm Output Slumps 5% in Q3 Amid Weather Woes, High Costs

Philippine farm output declined by a significant 5% in the third quarter to P389.42 billion, primarily due to weather disturbances and elevated input costs that hit palay and corn production, according to the Philippine Statistics Authority (PSA).

Read up to 3 eligible full articles per Japan day (JST) for free

Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.

  • Metrobank's Q3 Earnings Rise, But Cost Pressures Bite

    Metropolitan Bank & Trust Co. (Metrobank) reported a rise in net income for the third quarter, but higher credit costs and operating expenses constrained profit growth. While the bank saw improved net interest margins from asset repricing, future earnings growth faces uncertainties.

  • Philippine farm output dips 5% in Q3, weighed by crops and fisheries

    Philippine farm production fell 5% to P389.42 billion in the third quarter, primarily due to declines in crops and fisheries, according to the Philippine Statistics Authority (PSA). This downturn may impact domestic food supply and the rural economy.

  • Philippine Agribusiness Output Drops 5% in Q3 on Weak Crops, Fisheries

    Philippine agricultural production fell 5% year-on-year in the third quarter to P389.42 billion, driven by weak performance in crops and fisheries, the Philippine Statistics Authority (PSA) reported. Rice and corn production saw significant declines.