Farmer sorting his palay harvest. (Image from the Department of Agriculture website)

The country likely produced more palay (unmilled rice) in the last quarter of this year despite the devastating impact of recent typhoons on local farms.

Palay production was pegged at 7.44 million metric tons (MT) in the October to December period, up by 2.8 percent period from the actual output of 7.24 million MT in the same period a year ago, based on data from the Philippine Statistics Authority (PSA).

casino bonus no deposit 2022 Article continues after this advertisement

The projection, however, was 2.3 percent lower than its estimate of 7.61 million MT as of Oct. 1.

FEATURED STORIES BUSINESS PSEi wipes out gains as foreigners exit BUSINESS BIZ BUZZ: MVP enters John Hay BUSINESS Philippines ranks 2nd in cryptocurrency ownership globally — study

The total harvest area increased by 2.8 percent to 1.8 million hectares (ha) while the yield per hectare remained at 4.13 MT.

READ: Recent storms to increase cost of producing palay

Article continues after this advertisement

Some 54.9 percent or 998,953 ha of crops have been harvested, equivalent to 4.18 million MT.

In a stock exchange filing on Friday, Ayala said Mitshubishi would get 50 percent ownership in AC Ventures Holdings Corp., which owns 13 percent of fintech unicorn Mynt.

Article continues after this advertisement

Of the 811,328 ha of standing palay crops for harvest, 66.1 percent were at the maturing stage while 30.4 percent were at the reproductive stage. The remaining 3.5 percent reached the vegetative stage.

Article continues after this advertisement

The DA expected domestic palay output to end at 19.3 million MT by the end of this year as the El Niño and La Niña weather phenomena severely affected farm production.

If the estimate is met, the projected volume will mark a decrease of almost 4 percent from the record high of 20.06 million MT last year.

Article continues after this advertisement

Agriculture Secretary Francisco Tiu Laurel Jr. said they were hoping to breach the record-high palay output in 2023, noting the increase in irrigated areas and funds following the signing of the amended Rice Tariffication Law.

“But then of course, for 2025, we look forward to 2025. The La Niña and El Niño are over, but of course, the regular storms will be coming back to us,” Tiu Laurel Jr. said in an interview on Monday evening.

“I think the DA is ready for next year. We’re hoping to break (the record palay output of) 20.06 million metric tons next year,” he told reporters.

The DA’s palay output forecast was around the same level as the domestic milled production of 12 million MT projected this year by the US Department of Agriculture.

Meanwhile, the PSA said corn production might have dropped by 1.5 percent to 1.93 million MT in the fourth quarter of 2025 from 1.96 million MT a year ago.

The estimated volume was likewise a decrease of 1.9 percent from 1.97 million MT as of Oct. 1.

The total harvest area is seen to go down by 3.5 percent to 598,776 ha but the yield per hectare was projected to rise by 1.9 percent to 3.22 MT.

About 278,658 ha or 46.5 percent of corn crops have been harvested, amounting to 1 million MT.

Your subscription could not be saved. Please try again. Your subscription has been successful.

Subscribe to our daily newsletter

SIGN ME UP

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Of the 320,118 ha of corn farms up for harvestadbackhome or ad casino, 55.2 percent were at the maturing stage, 42.1 percent were at the reproductive stage and the other 2.7 percent were at the vegetative stage.

READ NEXT Marcos says 5 new infra projects to benefit economic growth Metro Pacific, Medicard ink strategic partnership in health care EDITORS' PICK Thieves on a plane: Commercial airlines become new theft hotspot Marian Rivera reacts to her viral ‘Unfaithful’ cover: ‘Natatawa ako sa sarili ko’ Quad comm seeks crimes against humanity raps vs Duterte, Bato, Bong Go Mary Jane Veloso appeals to Marcos for clemency MMDA issues coding suspension schedule for the holidays 10 steps for the clueless bride to kickstart your wedding planning MOST READ LIVE UPDATES: Tropical Depression Querubin Atong Ang confirms relationship with Sunshine Cruz in report Paolo Duterte OK with probe, but says it must not be based on hearsay CSA tells Yasmien Kurdi to 'cooperate' amid 'bullying' involving daughter Follow @FMangosingINQ on Twitter --> View comments