F ou rth Qua rte r 2 01 1

Prices

INSIDE THIS ISSUE:

Prices

1

Labor & Employment

2

Revenue Collection

2

External Trade

3

Agricultural Production

4

Average inflation rate higher than last year ...

region , Leyte had the highest inflation rate, at 5.4 percent, higher than the regional average of 4.4 percent. This indicates that the price changes in Leyte is faster compared to other provinces in the region. Leyte, likewise, registered the biggest increase in

HIGHLIGHTS: Increases • Inflation rates higher than last year • Employment rate higher by 2.1 percentage points • Total revenue collection higher by 4.7 percent • Palay production higher by 3.1 percent • Corn production increased by 1.4 percent • Rootcrop production increased by 7.6 percent Decreases • Value of exports lower by 43.3 percent • Value of imports lower by 36.0 percent • Coconut production slightly declined by 0.5 percent • Abaca production declined by 3.5 percent • Fish production declined by 4.9 percent • Livestock and poultry production slightly declined by 0.1 percent www.neda8.ph

Source : NSO Region VIII

The average inflation rate this quarter, at 4.4 percent, is higher by 1.2 percentage point compared to the average inflation rate in the same period of last year. The increase implies that for this period, the prices of commodities changed faster compared to the same period of last year. The average purchasing power of peso (PPP) was placed at 0.76, lower than the PPP posted in the fourth quarter of last year at 0.80. This means that the P76 worth of commodities in 2006 has to be bought now at P100. The average PPP this quarter is lower compared to the fourth quarter of last year at 0.80. Among the eleven major commodity groups, food and non-alcoholic beverages, alcoholic beverages and tobacco, and education registered the highest inflation rate for the quarter. The high price indices of oils and fats and rice contributed to the increase in the inflation rate of food. Among the six provinces in the

inflation, from 2.7 percent in the fourth quarter of last year, it doubled this period. Among the commodity items, inflation rate in education, food and non-alcoholic beverages, and alcoholic beverages and tobacco were notably higher in Leyte than the regional figure and the rest of the provinces. On the other hand, at 1.3 percent average inflation rate, Biliran Province posted the lowest inflation rate for the quarter. It registered a decline of 3.2 percent from the inflation rate in the fourth quarter of last year, which could be attributed to low inflation rate in housing, water, electricity, gas and other fuels, education, communication, and clothing and footwear in the province. Compared to the previous quarter, average inflation rate this quarter is lower by 0.5 percentage point. Except for Samar and Southern Leyte, the rest of the provinces in the region posted lower inflation rates compared to the previous quarter.

Page 2

Fourth Quarter CY 2011

Labor and Employment Employment rate higher by 2.1 percentage points ... Table 1

percentage points compared to the fourth quarter of last year. This means that an addition of 150,397 persons were employed for the quarter from 1.64 million employed persons in the fourth quarter of last year. At 96.0 percent employment rate for the quarter, this translates to 1.79 million persons employed in the region. The July 2011 Labor Force Survey (LFS) showed that by major occupation group, 36.0 percent of the employed people were laborers and unskilled workers. By major industry group, 35.0 percent were in agriculture, forestry and fishery. The region’s underemployment rate slightly increased by 0.1 percentage point

Labor Force Participation, Employment, Unemployment and Underemployment Rate 4th Quarter 2010 vs 4th Quarter 2011 (in percent) *Q4 2011

Q3 2011

Q4 2010

Household Population 15 years old and over (in 000)

2,774

2,790

Labor Force Participation

68.0

Employment

Region VIII

Percentage Point Change Q4 2010 vs Q4 2011

Q3 2011 vs Q4 2011

2,739

0.2

-1.6

65.0

63.8

4.2

3.0

96.0

95.3

93.9

2.1

0.7

Unemployment

4.0

4.7

6.1

-2.1

-0.7

Underemployment

24.2

24.8

24.1

0.1

-0.6

Source: NSO Region VIII

* Preliminary

For this quarter, the region’s household population 15 years old and over was estimated at 2.7 million. The labor force participation rate increased by 4.2 percentage points from last year, which translates to an addition of 118,438 persons who entered the labor force. From 1.79 million economically active population in the fourth quarter of last year, approximately 1.86 million was recorded for this quarter. Employment rate, at 96.0 percent, also grew by 2.1

than the fourth quarter of last year. At 24.2 percent, the region’s underemployment rate is the third highest among regions, even higher than the national average of 19.1 percent. Underemployment happens when an employed individual still expresses a desire to have additional hours of work. Compared to the previous quarter, employment rate is higher by 0.7 percentage point. Underemployment rate, however, is lower by 0.6 percentage point.

Revenue Collection Revenue collection higher by 4.7 percent …

The region’s total revenue collection for the quarter was recorded at P1.01 billion, 10.7 percent lower than the target collection of P1.13 billion. The decreased collection may be attributed to lower tax remittance from national government agencies due to lack of infrastructure programs and projects implemented for the period compared to the same period of last year. The collection of business and income taxes declined. Only the collection of other taxes (i.e. estate, donors, miscellaneous, documentary stamp tax, registration fees, fines and penalties) registered an increase. Among provinces, only Eastern Samar and Northern Samar surpassed their target collection by 14.5 and 11.4 percent, respectively, while the rest of the provinces fell short of their target collection. The increased collection of taxes in Eastern Samar was

Figure 2

Total Revenue Collection Target vs Actual 4th Qtr 2010 vs 4th Qtr 2011 (in million pesos)

1,131.1 1,010.2

Target Actual

729.0 602.5 97.0

Region VIII Leyte & Biliran

91.5

So. Leyte

147.3 138.1 73.6 84.3 84.2 93.8

Samar

E. Samar N. Samar

Source: BIR Region VIII

brought about by the increased collection in income taxes while Northern Samar marked a bigger increase in the collection of other taxes for the quarter.

Fourth Quarter CY 2011

Page 3

Table 2

Total Revenue Collection 4th Quarter 2010 vs 4th Quarter 2011 (in pesos) Percent Change Region/Province

Q4 2011

Q3 2011

Q4 2010

1,010,240,769.38

1,019,637,317.51

Leyte

434,512,326.66

Biliran

Q4 2010 vs Q4 2011

Q3 2011 vs Q4 2011

964,729,774.66

4.7

(0.9)

608,660,551.76

612,697,028.25

(29.1)

(28.6)

167,997,190.85

17,326,996.49

26,131,193.84

542.9

869.6

91,478,274.64

88,013,333.62

80,528,765.28

13.6

3.9

138,133,831.64

143,855,076.80

110,260,714.19

25.3

(4.0)

Eastern Samar

84,295,927.33

80,885,510.75

68,946,269.91

22.3

4.2

Northern Samar

93,823,218.26

80,895,848.09

66,165,803.19

41.8

16.0

Region VIII

Southern Leyte Samar

Source: BIR Region VIII

Compared to the total revenue collection in the fourth quarter of last year, revenue collection this quarter is higher by 4.7 percent. All of the provinces in the region registered an increase in collection. A notable increase was recorded in Biliran, from P26.1 million in the fourth quarter of last year to P168.0 million this quarter due to increased collection in

income and other taxes. Leyte, however, comprised the biggest bulk of the region’s revenue collection, comprising 45.5 percent. The Bureau of Internal Revenue (BIR) Region VIII is continuing its mapping operation in the region, through its revenue district offices, to increase the tax base and consequently increase revenue collection.

External Trade Value of exports and imports decreased… Table 3

Volume and Value of Exports 4th Quarter 2010 vs 4th Quarter 2011 Percent Change

Q4 2011 Q3 2011 Q4 2010 Volume

Q4 2011 vs

Q4 2011 vs

162.6

300.0

442.8

(63.3)

(45.8)

196.4

437.4

346.6

(43.3)

(55.1)

(in million net kgs.) Value (in million US dollar) Source: NSO Region VIII

Exports The value of the region’s exports for the quarter, at $196.4 million, is 43.3 percent lower than the value recorded in the fourth quarter of last year. The drop in the volume of exports may have contributed to the decline. Cathodes and sections of cathodes remain the region’s major export commodity. For the quarter, its value comprised almost 81.0 percent to the total value of the region’s exports. The value of cathodes and sections of cathodes exported, however, declined by 34.0 percent

due to the drop in the volume exported. The Leyte Industrial Development Estate (LIDE) is the major exporter of this commodity to countries such as China, Malaysia, Thailand, Vietnam and Indonesia. Compared to the previous quarter, this quarter’s value of exports dropped by 55.1 percent, from $437 million in the previous quarter to only $196 million this quarter. The volume of exports also declined by 46.0 percent. Table 4

Top 3 Exports 4th Quarter 2010 vs 4th Quarter 2011 (in US dollar) Q4 2011

Q4 2010

Cathodes and sections of cathodes

158,234,977

238,126,977

Fertilizers

10,400,000

45,894,806

Refined Oil

8,332,500

16,387,000

Source of Basic Data: NSO Region VIII

Fourth Quarter CY 2011

Page 4

kilograms in the fourth quarter of last year to 60,244,211 kilograms this quarter. Its value, likewise, registered a decline, from $250 million in the fourth quarter of last year to $119 million this quarter. Compared to the previous quarter, this quarter’s value of imports is lower by 47.0 percent. LIDE and Tacloban City registered a decline in the value of commodities imported. The value of copper ores and concentrates imported declined by 53.0 percent, from $250 million in the third quarter of this year to $119 million this quarter.

Table 5

Volume and Value of Imports 4th Quarter 2010 vs 4th Quarter 2011 Percent Change

Volume

Q4 2011

Q3 2011

Q4 2010

239.8

326.4

178.7

336.1

Q4 2011 vs Q4 2010

Q4 2011 vs Q3 2011

409.9

(41.5)

(26.5)

277.5

(35.6)

(46.8)

(in million net kgs.) Value (in million US dollar) Source: NSO Region VIII

Imports

Table 6

The value of the region’s imports this quarter, at $178.7 million, is lower by 36.0 percent compared to the figure recorded in the same quarter of last year. From $277 million, it went down to $179 million this quarter. The volume of imports also dropped by 42.0 percent. Copper ores and concentrates, which is the top import of the region used as raw material for the production of copper cathodes in LIDE, registered a decline, both in volume and value. From 203,761,930

Top 2 Imports 4th Quarter 2010 vs 4th Quarter 2011 (in US dollar) Q4 2011

Q4 2010

Copper ores and concentrates

118,526,193

250,220,974

Anhydrous ammonia

28,568,446

2,446,953

Source of Basic Data: NSO Region VIII

Agricultural Production Crop Production Production of major crops slightly increased by 0.8 percent ... Table 7

Major Crops Production (in metric tons) Percent Change

Indicator

*Q4 2011

Q3 2011

Q4 2010

Q4 2011 vs Q4 2010

Q4 2011 vs Q3 2011

Palay

305,086.00

166,359.00

295,988.00

3.07

83.39

Corn

24,185.00

20,075.00

23,844.00

1.43

20.47

474,519.56

550,836.73

477,055.58

(0.53)

(13.85)

4,555.20

4,309.92

4,721.09

(3.51)

5.69

808,183.80

741,780.65

801,608.67

Coconut (unhusked) Abaca (raw dried fiber) Total

Source: BAS Region VIII, www.bas.gov.ph

0.82

8.95 * Preliminary Data

Palay Palay production was pegged at 305,086 metric tons in the fourth quarter of 2011, higher by 3.07 percent compared to the production level in the same quarter of 2010 recorded at 295,988 metric tons. The production is also up by 83.4 percent compared to the third quarter of this year. This increase in production volume, however, may not necessarily mean increase

in productivity since average yield per hectare declined by 1.94 percent, from the 3.61 metric ton yield per hectare in the fourth quarter of 2010 to 3.53 metric tons this quarter. This could rather be attributed to the increase in total area harvested, which is up by 5.05 percent - from 81,963 hectares in the fourth quarter of 2010 to 86,100 hectares this quarter.

Fourth Quarter CY 2011

Page 5

Table 8

Area Harvested, by Province 4th Quarter 2010 vs 4th Quarter 2011 (in hectares)

Province

*Q4 2011

Q4 2010

Percent Change

Biliran

5,097

5,096

0.02

Eastern Samar

5,370

5,364

0.11

Leyte

38,286

36,265

5.57

Northern Samar

9,606

8,807

9.07

Southern Leyte

8,252

8,342

(1.08)

Samar

19,489

18,089

7.74

Total

86,100

81,963

5.04

Source: BAS Region VIII

*Preliminary data

Eastern Visayas contributed 5.1 percent to the country’s total production, which stood at 5,938,375 metric tons. Across regions, Region VIII ranked seventh in terms of contribution to the total palay production of the country. Ilocos Region posted the highest contribution of 18.5 percent followed by Central Luzon at 16.3 percent, Cagayan Valley at 11.1 percent, and Western Visayas at 9.1 percent. Table 9

Palay Production, by Province 4th Quarter 2011 vs 4th Quarter 2010 (in metric tons)

Province Biliran

*Q4 2011

Q4 2010

Percent change

22,788

22,821

(0.14)

Eastern Samar

17,172

17,197

(0.15)

Leyte

147,969

141,343

4.69

Northern Samar

33,499

31,157

7.52

Southern Leyte

33,625

37,190

(9.59)

Samar

50,033

46,280

8.11

Total

305,086

295,988

3.07

Source: www.bas.gov.ph

*Preliminary data

Across provinces, Samar and Northern Samar posted yield increases of 8.1 percent and 7.5 percent, respectively. Southern Leyte’s produce declined by 9.6 percent. This is brought by the December 2011 flood that damaged rice farms in Southern Leyte, particularly the towns of Silago, Sogod and Saint Bernard. Of the 115,000 hectares rice lands of Eastern Visayas, only about 59 hectares have stable water supply and 19,000 hectares need repair. About 51 percent of rice lands in Eastern Visayas is located in Samar provinces, yet their share in the regional palay production is estimated at 26 percent only. Only 2,116 hectares in Northern Samar are irrigated out of 31,537 hectares of ricefield. Eastern Samar has 2,286 hectares irrigated rice farms out of 17,377 hectares. Samar, which has the largest rice field of 32,092 hectares, has only 1,631 hectares of irrigated land. If the three provinces will have enough water supply, Eastern Visayas will attain the required rice sufficiency. To step up palay production in the region, the Department of Agriculture (DA) implemented the Agrikulturang Pantawid Pamilyang Pilipino Program. It is to uplift Eastern Visayas farmers, fishers and rural folks from poverty. Also, the office continued the distribution of rice certified seeds, repair and rehabilitation of irrigation facilities in coordination with the National Irrigation Authority (NIA). In addition, the CommunityBased Seed Banking Program has been implemented, which aimed to help marginal farmers by providing good quality seeds at a low price or by barter system.

Corn Corn production went up by 1.43 percent this quarter, from 23,844 metric tons in the fourth quarter of 2010 to 24,185 metric tons this quarter. Also, compared to the third quarter of this year, corn output significantly increased by 20.47 percent. The increase could be attributed to the increase in area harvested by 0.23 percent and yield per hectare by 1.53 percent. The DA continued the assistance to corn farmers of Eastern Visayas through the provision of dryers, quality corn seeds like Open Pollinated Variety and Hybrid, sustained capability building of corn farmers, and implemented the establishment of Bio-N plants.

Page 6

Fourth Quarter CY 2011

Coconut Table 10

Coconut Production (unhusked), by Province 4th Quarter 2010 vs 4th Quarter 2011 (in metric tons) Province

Biliran Eastern Samar

*Q4 2011

17,643.00

Q4 2010

17,637.00

Percent Change

0.03

kilograms. Also, regional average farm gate price of copra per kilo decreased by 16.40 percent. From P27.14 in the fourth quarter of last year, it went down to P22.69 per kilo this quarter. Estimated value of copra production for this quarter is placed at P3.215 billion, lower by 16.83 percent than the estimated value in the same quarter of last year, which stood at P3.866 billion (estimate is based on the regional average farm gate price of Copra Corriente).

49,072.70

49,083.58

0.02

240,121.50

243,446.80

(1.37)

Northern Samar

26,403.36

25,684.20

2.80

Table 11

Southern Leyte

72,681.00

72,532.00

0.21

Farmgate Price of Copra Corriente, by Province

Samar

68,578.00

68,672.00

(0.14)

Total

474,519.56

477,055.58

(0.53)

Leyte

Source: BAS Region VIII

* Preliminary Data

Coconut yield declined by 0.53 percent this quarter, from 477,055.5 metric tons in the fourth quarter of 2010 to 474,519.56 metric tons. The production was also lower by 13.85 percent compared to the production level in the third quarter of 2011, which is recorded at 550,836.73 metric tons. This may be attributed to fruiting fatigue and the occurrence of coconut leaf beetle. Another reason may be the illegal exportation or transportation of coconut (unhusked) to other countries. Furthermore, nuts are noticeably smaller in sizes compared to last year. Coconut thrives in 649,000 hectares farm in the region. Eastern Visayas has 71,709,605 trees with 58,110,815 bearing; 13,589,790 non-bearing and 6,697,316 old trees. Across provinces, Leyte, which is the largest coconut producer in the region, declined its output by 1.37 percent this quarter. Also, Samar recorded a decline of 0.14 percent. Other provinces recorded minimal increases Northern Samar by 2.8 percent, Southern Leyte by 0.21 percent, Eastern Samar by 0.02 percent, and Biliran by 0.03 percent. In terms of the provinces’ contribution to the total coconut production of the region, Leyte contributed 50.60 percent, Southern Leyte 15.32 percent, Samar 14.45 percent, Eastern Samar 10.35 percent, Northern Samar 5.56 percent, and Biliran 3.72 percent. Copra production this quarter stood at 141,701,127.27 kilograms, lower by 0.52 percent compared to the same quarter of 2010, which was recorded at 142,440,009.09

4th Quarter 2010 vs 4th Quarter 2011 (in peso per kilogram) Province

*Oct 11 *Nov 10 *Dec 11

Oct 10

Nov 11 Dec 10

Biliran

24.40

28.77

30.46

25.33

29.60

36.24

Eastern Samar

15.10

16.83

17.90

17.38

18.06

22.27

Leyte

18.69

22.55

24.10

25.78

28.34

31.49

Northern Samar

18.76

24.87

23.52

22.50

22.72

30.06

Southern Leyte

22.50

24.00

26.65

29.43

30.38

32.56

Samar

19.78

24.21

25.25

27.12

27.63

31.70

19.87 Reg. VIII Source: BAS Region VIII

23.54

24.65

24.59

26.12

30.72

* Preliminary Data

Comparing the fourth quarters of 2010 and 2011, the average farm gate price of Copra Corriente showed a declining trend. Lower price of copra was attributed to global economic challenges and fewer nuts in the region processed to copra because others are being developed into other products such as buko (juice), virgin coconut oil and dessicated. Also, financial recession in importing countries like Europe and United States adversely affected the coconut industry in Eastern Visayas. The region ships coconut oil to China, Indonesia, Malaysia, Singapore, South Korea, Taiwan, Turkey and Vietnam. To improve coconut production in the region, the Philippine Coconut Authority (PCA) Region VIII implemented the production of wasp parasitoid for Brontispa Longissima or coconut leaf beetle. The PCA also distributed 30,500 bags of salt fertilizer to maintain crop yield that benefits 7,625 farmers in the six provinces of the region, thus increase coconut production. Some 50,000 coco seedlings were distributed to Gandara farmers in November 2011. The project aims to promote the coconut industry in Samar and to improve the living condition of coco-farmers and the whole populace.

Fourth Quarter CY 2011

Page 7

Table 13

Abaca

Farmgate Price of Abaca, by Province

Abaca (raw dried fiber) production declined by 3.51 percent this quarter, from 4,721.09 metric tons in the fourth quarter of 2010 to 4,393.24 metric tons. But the production is higher by 5.69 percent compared to the production level in the third quarter of 2011, which is recorded at 4,509.92 metric tons. The increase in production may have been triggered by the better prices

4th Quarter 2010 vs 4th Quarter 2011 (in peso per kilogram) Province

*4th Qtr 2011

4th Qtr 2010

Oct

Nov

Dec

Oct

Nov

Dec

Biliran

34.12

30.66

31.33

25.41

25.68

27.27

Eastern Samar

37.00

37.83

38.09

36.07

38.58

38.12

Leyte

39.93

40.86

40.72

42.11

40.99

41.63

Abaca Production, by Province

Northern Samar

32.54

31.94

31.31

24.87

25.18

28.27

4th Quarter 2010 vs 4th Quarter 2011

Southern Leyte

41.68

44.58

45.79

42.48

42.85

41.76

Samar

36.50

37.52

30.74

29.82

30.88

28.73

38.81

38.37

36.77

36.58

37.24

Table 12

(in metric tons)

*Q4 2011

Province

Q4 2010

Percent Change

Biliran

55.61

32.00

73.78

Eastern Samar

77.92

79.85

(2.42)

Leyte

1,686.27

1,985.99

(15.09)

Northern Samar

2,029.17

1,198.25

69.34

Southern Leyte

554.90

1,105.00

(49.78)

Samar

151.33

320.00

(52.71)

4,555.20

4,721.09

(3.51)

Total

* Preliminary Data

Source: BAS Region VIII

offered by abaca traders/buyers that encouraged abaca farmers to strip more fibers. In addition, many areas affected by the diseases are already recovering. More than 40,000 hectares of land in Eastern Visayas are planted to abaca.

VIII Reg.Source: VIII BAS Region 37.90 Source: BAS Region VIII

* Preliminary Data

The average farmgate price of abaca increased by 4.07 percent this quarter, from P36.86 per kilogram in the fourth quarter of 2010 to P38.36 per kilogram this quarter. Estimated value of abaca production for this quarter is placed at P174,737,472, higher by 0.41 percent than the estimated value in the same quarter of last year, which stood at P174,019,377.4 (estimate is based on the regional average farm gate price of abaca). The Fiber Industry Development Authority (FIDA) Regional Office VIII continued the planting expansion in Samar Island. The agency is also exerting efforts to eradicate the abaca diseases in Eastern Visayas by 2015.

Rootcrop Table 14

Rootcrop Production 4th Quarter 2010 vs 4th Quarter 2011 (in metric tons) Percent Change

Rootcrop Camote Gabi

*Q4 2011 Q3 2011 15,096.99

56,414.92

Q4 2010

Q4 2011 vs Q4 2010

13,909.58

8.54

Q4 2011 vs Q3 2011

(73.24)

4,906.29

4,333.02

4,759.04

3.09

13.23

Cassava

12,797.87

20,246.35

11,820.01

8.27

(36.79)

Total

32,801.15

80,994.29

30,488.63

7.58

(59.50)

Source: BAS Region VIII

*Preliminary Data

Total rootcrop production increased by 7.6 percent, from 30,488.63 metric tons in the fourth quarter of 2010 to 32,801.15 metric tons this quarter. For camote, high market demand and improved agricultural practices triggered the increment. Cassava production increased

because of sufficient rainfall. Most cassava farms are contracted by San Miguel Corporation. Gabi production went up due to higher demand and better market price. However, compared to the third quarter of this year, the production substantially declined by 59.5 percent brought about by the decline in cassava and camote production. Cassava production declined due to witches’broom, a disease or deformity in a woody plant, typically a tree, where the natural structure of the plant is changed. A dense mass of shoots grows from a single point, with the resulting structure resembling a broom or a bird's nest.

Page 8

Fourth Quarter CY 2011

Fish Production Total fish production decreased by 4.8 percent ... Table 15

Fish Production 4th Quarter 2010 vs 4th Quarter 2011 (in metric tons) Percent Change *Q4 2011

Q3 2011

Q4 2010

Q4 2011 vs

Q4 2011 vs

Q4 2010

Q3 2010

Commercial

12,891.94

12,312.52

15,463.67

(16.63)

4.71

Aquaculture

11,395.48

13,492.52

11,107.32

2.59

(15.54)

Municipal

20,050.57

25,300.12

20,040.96

0.05

(20.75)

Total

44,337.99

51,105.16

46,611.95

(4.88)

(13.24)

*Preliminary Data

Source: BAS Region VIII

Total fish production declined by 4.88 percent, from 46,611.95 metric tons in the fourth quarter of 2010 to 44,337.99 metric tons this quarter. Aquaculture production increased by 2.59 percent and municipal fishing by 0.5 percent. However, commercial fish production declined by 16.63 percent.

Compared to the production level in the third quarter of 2011, it substantially declined by 13.24 percent. Contributing to the decrease in production was the reduced number of fishing trips because of frequent rains both in municipal and commercial fishing. The Bureau of Fisheries and Aquatic Resources (BFAR) Region VIII continued promoting aquaculture farming of aquatic organisms, whereby fish cages, fish ponds and mariculture zones are established. The agency also intensified strict fishery laws to stop rampant destructive fishing methods such as “hulbot-hulbot”, use of Danish Seine fishing gear, dynamite and cyanide. Moreover, BFAR distributed patrol boats to local government units.

Livestock and Poultry Production Livestock and poultry production slightly decreased by 0.1 percent ... Table 16

Livestock and Poultry Production 4th Quarter 2010 vs 4th Quarter 2011 (in metric ton live weight) Percent Change *Q4 2011

Carabao

Q3 2011

Q4 2010 Q4 2011 vs Q4 2010

Q4 2011 vs Q3 2011

4,175

1,765

3,821

9.26

136.54

415

581

370

12.16

(28.57)

Hog

28,822

21,329

28,556

0.93

35.13

Goat

310

290

327

(5.20)

6.90

11,845

10,799

12,588

(5.90)

9.69

Duck

234

370

195

20.00

(36.76)

Total

45,801

35,134

45,857

(0.12)

30.36

Cattle

Chicken

Source: BAS Region VIII

*Preliminary Data

Total livestock and poultry production went down by 0.12 percent, from 45,857 metric tons in the fourth quarter of 2010 to 45,801 metric tons this quarter. However, the production considerably increased by 30.36 percent compared to the third quarter this year, which was recorded at 35,134 metric tons. The

region is still dependent on hogs and chicken eggs coming in from other regions. DA VIII implemented the Pinoy Livestock Program that intends to establish selfsustaining production of livestock and poultry. It also aims to avert the decline of the cattle population and increase the population of swine, goat and poultry. It likewise seeks to improve the quality of domestic native breeds of livestock and poultry through Artificial Insemination, Genetic Improvement, Bull loan and provision of Animal Health Services through deworming, vaccination and provision of drugs, biologics, etc. Dispersal of livestock and poultry was also conducted by the DA. A total of 50 carabaos, 25 hogs and 24 turkeys intended for breeding was dispersed to qualified recipients in some municipalities of Leyte. One (1) carabao and 3 hogs were dispersed in some municipalities of Biliran. In the municipality of Silago, Southern Leyte, a new contract grower for broiler was in full operation with a stock of 40,000 birds.

Page 9

Fourth Quarter CY 2011

Development Outlook In 2012: 

DPWH is set to implement P5.6B worth of infrastructure projects that include roads and bridges, preventive rehabilitation and upgrading of existing roads and bridges, flood control, and local counterparts to projects funded by international aid agencies.

2. DA earmarked a minimum of P5M budget for crop insurance subsidy to provide rice farmers for protection against losses arising from natural calamities. 3. NIA has allocated P2.6B to bring stable water supply to rice farms in Eastern Visayas. In the next 5 years, NIA plans to open more new areas with the implementation of convergence project in the town of Javier, Leyte and the province of Northern Samar. 4. To attain better rice production, DA will enhance the provincial governments’ participation in the development of rice industry. 5. DOH is set to release over P413M to various hospitals in the region to help improve health facilities and contribute to the reduction of the region’s high incidence of infant and maternal deaths. 6. PCA will embark on a massive tree planting activity to replace senile coconut trees in the region. 7. BFAR allocated P100M next year to curb illegal fishing in the region. 8. DA allocated P5M to boost programs and projects for the livestock sector. 9. NIA allocated P100M for Hibulangan irrigation project that will irrigate 3,000 hectares of agricultural land in the towns of Villaba, Matag-ob and Matalom, Leyte. The project will also be used for inland fish production as alternative livelihood of farmer-beneficiaries.

In 2013: 1. DPWH is proposing a P3.29-billion infrastructure projects to mitigate the impact of climate change in the region, specifically projects in flood control, slope protection and coastal protection and drainages. 2. NIA is proposing a P3.09B to finance new, restoration, and rehabilitation projects seeking to bring water supply to 12,933 hectares of rice farms in the region. 3. DPWH and DOT identified P1.61B worth of infrastructure projects for implementation in 2013 that will boost the region’s tourism industry. Sources of Data: Regional Offices: National Statistics Office (NSO) National Statistical Coordination Board (NSCB) Department of Agriculture (DA) Fiber Industry Development Authority (FIDA) Philippine Coconut Authority (PCA) Bureau of Agricultural Statistics (BAS) Bureau of Fisheries and Aquatic Resources (BFAR) Publications: Leyte Samar Daily Express (LSDE) Eastern Visayas Probe West Leyte Weekly Express

Internet: www.bas.gov.ph bles.dole.gov.ph www.nwpc.dole.gov.ph www.bas.gov.ph Wikipedia

EVREMA Q4 2011.pdf

This means that the P76 worth. of commodities in 2006 has to be bought. now at P100. The average PPP this. quarter is lower compared to the fourth. quarter of last year at 0.80. Among the eleven major commodity. groups, food and non-alcoholic. beverages, alcoholic beverages and. tobacco, and education registered the.

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