Shear line damage to agri sector hits P202.89 million

Damage to the agricultural sector caused by the shear line has reached P202.89 million, affecting 8,322 farmers in Western Visayas, Eastern Visayas, and the Bicol Region.

Rice crop damage accounted for P189.8 million, representing 93.57% of the total losses.

Other affected commodities include high-value crops, corn, cassava, livestock, poultry, and irrigation facilities.

The Department of Agriculture (DA) is preparing to distribute P29.30 million worth of seeds and P211,000 worth of native chickens to affected farmers.

A P50-million Survival and Recovery Loan Program from the Agricultural Credit Policy Council (ACPC) will offer zero-interest loans of up to P25,000, payable over three years, to farmers and fisherfolk.

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