EconomyForex

PSA estimates increase in third-quarter palay, corn output, yields

1 Mins read
NEDA

PRODUCTION of palay, or unmilled rice, and corn are estimated to have risen in the third quarter, according to the Philippine Statistics Authority (PSA).

In an Oct. 31 report, the PSA said palay output for the three months to September was estimated to have increased 2.2% year on year to 3.83 million metric tons (MT), based on the standing crop as of Aug. 1.

The projection compares with the 3.75 million MT estimate for the year-earlier period.

The estimated harvest area for rice was up 1.7% at 928,200 hectares while the yield per hectare is projected to climb 0.5% to 4.13 MT.  

“About 113,377 hectares or 12.2% of the 928,200 hectares updated area of standing crop have been harvested as of Aug. 1, 2022,” the PSA said.

“Of the standing palay yet to be harvested, 12.6% was in the vegetative stage, 56% at the reproductive stage, and 31.4% at the maturing stage,” it added.

Meanwhile, the PSA said corn production is estimated to have increased 3.3% year on year to 2.37 million MT in the third quarter.

The estimated area planted to corn during the quarter is thought to have declined 2.3% year on year to 790,467 hectares, while the yield per hectare is projected to have risen 6% to 3 MT.

“About 213,755 hectares or 27.0% of the 790,467 hectares updated area of standing crop have been harvested as of Aug. 1, 2022,” the PSA said.

“Of the total area of 576,712 hectares of standing crop yet to be harvested as of Aug. 1, 2022, 3.2% was at the vegetative stage, 47.9% at the reproductive stage, and 48.9% at the maturing stage,” it added. — Revin Mikhael D. Ochave

Related posts
EconomyForex

Samsung Care+ Premium is the perfect addition to make household investments last

3 Mins read
Samsung ensures your TVs and appliances stay at their best with extended protection and proactive, expert care As premium devices become essentials…
EconomyForex

Cash remittances hit 7-month high at $3.18 billion in July

2 Mins read
PHILIPPINE STAR/ MIGUEL DE GUZMAN By Katherine K. Chan FILIPINOS ABROAD sent more money home in July, hitting a seven-month high as…
EconomyForex

Peso to rise as Fed woes drag dollar

4 Mins read
BW FILE PHOTO THE PHILIPPINE PESO is expected to end the year stronger against the US dollar as the greenback remains under…
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *