was a decrease of 6, 405 bales or 13.75 percent in abaca baling production in the fourth quarter of 2012 compared to the same period last year. Accroding to the Fiber Industry and Development Authority (FIDA) Region 5, this was attributed to the cold weather and incessant rains during the last quarter and the continuous decline of abaca prices. Prices continued to weaken due to limited orders from the export and domestic markets. The aggregate baling for the three month netted 40, 175 bales from 46, 580 bales recorded during the same period in 2011. The combined aggregate abaca production being monitored by FIDA Region 5 was placed at 40, 979.86 bales or 5, 122.8 metric tons in last quarter. The province of Catanduanes still maintained its spot as the top producer of abaca fiber in the Bicol Region with 46, 080 bales. This accounts for 89.81percent of the total baling production in the region. However, this is a decline of 4, 031 bales or -10.05 percent from the same quarter the previous year. ECONOMIC INDICATORS As of July 30, 2015 INDICATORS LATEST PREVIOUS PREVIOUS SOURCE Palay Production 284, 034 p 433, 336 297, 362 PSA (In metric tons) (1st Qtr. 2015) (4th Qtr. (1st Qtr. 2014) 2014) Corn Production 58, 125 49, 173 62, 920 PSA (In Metric tons) (1st Qtr. 2015) (4th Qtr. 91st Qtr. 2014) 2014) Coconut Production 259, 257 307, 332 283, 369 PSA (In metric tons) (1st Qtr. 2015) (4th Qtr. (1st Qtr. 2014) 2014) Abaca Production 7, 266 4, 494 6, 813 PSA (In metric tons) (1st Qtr. 2015) (4th Qtr. (1st Qtr. 2014) 2014) The Bicolano cuisine is primarily noted for the prominent use of chilli peppers and gata (coconut milk) in its food. A classic example is the gilaynalada, known outside the region as Bicol Express a well-loved dish using siling labuyo (native small chillies) and the aforementioned gata. Contrary to what is believed, not all Bicolanos are fond of chilli. Men often knows how to cook. Issues
was a decrease of 6, 405 bales or 13.75 percent in abaca baling production in the fourth quarter of 2012 compared to the same period last year. Accroding to the Fiber Industry and Development Authority (FIDA) Region 5, this was attributed to the cold weather and incessant rains during the last quarter and the continuous decline of abaca prices. Prices continued to weaken due to limited orders from the export and domestic markets. The aggregate baling for the three month netted 40, 175 bales from 46, 580 bales recorded during the same period in 2011. The combined aggregate abaca production being monitored by FIDA Region 5 was placed at 40, 979.86 bales or 5, 122.8 metric tons in last quarter. The province of Catanduanes still maintained its spot as the top producer of abaca fiber in the Bicol Region with 46, 080 bales. This accounts for 89.81percent of the total baling production in the region. However, this is a decline of 4, 031 bales or -10.05 percent from the same quarter the previous year. ECONOMIC INDICATORS As of July 30, 2015 INDICATORS LATEST PREVIOUS PREVIOUS SOURCE Palay Production (In metric tons) 284, 034 p (1st Qtr. 2015) 433, 336 (4th Qtr. 2014) 297, 362 (1st Qtr. 2014) PSA Corn Production (In Metric tons) 58, 125 (1st Qtr. 2015) 49, 173 (4th Qtr. 2014) 62, 920 91st Qtr. 2014) PSA Coconut Production (In metric tons) 259, 257 (1st Qtr. 2015) 307, 332 (4th Qtr. 2014) 283, 369 (1st Qtr. 2014) PSA Abaca Production (In metric tons) 7, 266 (1st Qtr. 2015) 4, 494 (4th Qtr. 2014) 6, 813 (1st Qtr. 2014) PSA The Bicolano cuisine is primarily noted for the prominent use of chilli peppers and gata (coconut milk) in its food. A classic example is the gilaynalada, known outside the region as Bicol Express a well-loved dish using siling labuyo (native small chillies) and the aforementioned gata. Contrary to what is believed, not all Bicolanos are fond of chilli. Men often knows how to cook. Issues
bicol_region.docx