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The country’s agriculture sector sustained P80.80 million in losses due to the onslaught of Severe Tropical Storm Kristine (international name: Trami), the Department of Agriculture (DA) said.
In its bulletin issued on Thursday afternoon, the DA said Kristine has affected 2,864 farmers in Cordillera, Mimaropa (Mindoro, Marinduque, Romblon, Palawan), Bicol and Western Visayas.
Article continues after this advertisementREAD: Severe Tropical Storm Kristine kills over 20 in Bicol, hits 12 regions
FEATURED STORIES BUSINESS Naia terminal 2 to get busier starting Nov. 5 BUSINESS Peso falls past 58:$1 level BUSINESS BSP, German banknote printer to develop counterfeit-proof peso billsThe volume of production loss is estimated at 5,287 metric tons covering 1,570 hectares of agricultural land.
“As field assessments continue, further damage and losses are anticipated, potentially impacting additional commodities,” the DA said.
Article continues after this advertisementThe agency has prepared various interventions for those affected:
P80.21 million worth of agricultural inputs (rice, corn, and vegetable seeds, drugs and biologics for livestocks) from DA Regional Field Offices CAR, III, IV-A, IV-B, V, and VIII; Up to P25,000 loanable amount from the Survival and Recovery (SURE) Loan Program of the Agricultural Credit Policy Council (ACPC), payable in three years at zero interest; and Indemnification of insured affected farmers through the Philippine Crop Insurance Corp. (PCIC)Subscribe to our daily newsletter