THE COUNTRY’S agricultural production is expected to expand up to 2.5% in 2023, according to the Department of Agriculture (DA).
Fresh produce is sold at the Marikina Public Market, Oct. 7. — PHILIPPINE STAR/ WALTER BOLLOZOSproduction is expected to expand up to 2.5% in 2023, according to the Department of Agriculture .
The third-quarter growth was a reversal of the 0.6% contraction in the second quarter, and the 2.6% decline in the same quarter in 2021. “We don’t have any shortage of rice, low beginning stocks, yes. We suffered losses because of back-to-back typhoons but we don’t have shortage of supply,” she said.cant agricultural damage, causing supply shortages this year. This has driven prices of key agricultural commodities higher in recent months.ation accelerated to a 14-year high of 8% in November, mainly due to the spike in food prices.
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