A drought caused by El Niño could lead to poor livestock growth and raise prices for pork and chicken, according to GMA Network, a Philippine media organization. The Bureau of Animal Industry said that the Philippines currently has a stock of about 5 million kilograms each of chicken and pork. Small-scale farmers, who produce about 75% of the country’s poultry and swine, are the most likely to suffer from the drought, the bureau said.
The government is planning to spend P1.7B on drought mitigation, including cloud-seeding efforts. The drought is expected to cost the agriculture sector P10B in the dry season and up to P56.4B through the year, according to government figures cited by GMA Network.
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