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Farm output seen to shrink in Q1 2021

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Metro Manila (CNN Philippines, January 7) — The country’s agriculture production could possibly contract by 1.21% in the first three months of 2021, the Southeast Asian Regional Center for Graduate Study and Research in Agriculture has projected.

“This contraction could be expected as the agriculture sector bounces back after a series of typhoons and floods on top of the disruptions brought about by the COVID-19 lockdown restrictions,” said SEARCA in a recent release.

Super Typhoon Rolly and typhoons Quinta and Ulysses ravaged parts of Luzon from October to November last year, leaving billions of pesos in damage to agriculture.

See full article at CNN Philippines