Post on 22-Dec-2015
Agriculture Came from the Latin word
“Agricultura” which means “cultivation” or “growing”
The art and science of growing plants and other crops and the raising of animals for food, other human needs or economic gain
Provides most of the world’s food and fabrics.
Importance of Agriculture:1. Source of Livelihood2. Contribution to National Income3. Supply of Food4. Contribution to Foreign Exchange
Resources5. Vast Employment Opportunities6. Source of Government Income7. Basis of Economic Development
Issues and Problems Supplying the growing global demand
for commodities arising from developing economies and world population growth
Availability and price of land for expansion
New government mandates and regulations
Stability, development and fluctuations in global financial markets
Impact of global trade policies on food security and the supply and demand for commodities
Development and use of bio based fuels Loss of agricultural land Decreased Varieties
Major Agricultural Products
The country's major agricultural crops are rice, corn, coconut, sugarcane, banana, cassava, pineapple, and vegetables.
The major livestock products are hog, cattle, carabao, goat, and dairy products. Chicken and duck are the leading poultry products. Having vast stretches of coastlines, the Philippines boasts of an abundance in fish species.
Among the leading species are tuna and tuna-like varieties, roundscad, sardines, anchovy, and slipmouth.
Performance of Philippine Agriculture
Agriculture expanded by 1.83 percent in 2014.
http://www.bas.gov.ph/?ids=agriperformance
The crops subsector which shared 51.71 percent in total agricultural production grew by 3.25 percent during the year.
wheat & meslin (USA and Canada) soyabean oil/cake meal(USA and Argentina)milk & cream & products(Ne Zealand and USA)
Value of total agricultural exports:
P 118 billion f.o.b.
% agriculture in total exports:
10%
Top agricultural export commodities:
coconut oil (20%), banana fresh (13%),
tuna (9%), pineapple and products (8%)Major markets: coconut oil: USA (43%), Netherlands (32%) banana fresh: Japan (48%), China (14%) tuna: USA (31%), Germany (16%) pineapple and products: USA (37%), Japan (15%)
Value of total agricultural imports:
P 192 billion c.i.f.
% agriculture in total imports:
12%
Top agricultural import commodities:
wheat & meslin (12%), soyabean oil/cake meal (9%), milk & cream& products (8%), rice (5%)
Major suppliers: wheat and meslin: USA (54%), Australia (41%) soyabean oil/cake meal: USA (70%), Argentina (28%) milk & cream& products:
New Zealand (38%), USA 32%)
rice: Vietnam (82%), India (9%)
Agricultural trade deficit: P 74 billion
External Trade in 2012
Source: http://countrystat.bas.gov.ph/?cont=3
External Trade in 2013
Source: http://countrystat.bas.gov.ph/?cont=3
Value of total agricultural exports:
US$ 6,318 million f.o.b.
% agriculture in total exports:
12%
Top agricultural export commodities:
coconut oil (15%), banana fresh (14%),
tuna (11%), pineapple and products (7%)Major markets: coconut oil: USA (43%), Netherlands (29%) banana fresh: Japan (36%), China (14%) tuna: USA (21%), Germany (13%) pineapple and products: USA (42%), Japan (17%)
Value of total agricultural imports:
US$ 7,802 million c.i.f.
% agriculture in total imports:
12%
Top agricultural import commodities:
wheat & meslin (11%), soyabean oil/cake meal (10%), milk & cream& products (10%)
Major suppliers: wheat and meslin: USA (63%), Canada (12%) soyabean oil/cake meal: USA (50%), Argentina (48%) milk & cream& products:
New Zealand (36%), USA (35%)
Agricultural trade deficit: US$ 1,484 billion