“It will likely contract. The situation now is that it will get worse before it gets better. We have to make up for practically six years, especially the last three years where production really declined as producers were discouraged to produce, plant or tend to livestock,” Samahang Industriya ng Agrikultura Executive Director Jayson H. Cainglet said in a phone call interview.
He noted fertilizer prices have also doubled since the start of the Russia-Ukraine war in late February.
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