• Production of abaca for October-December 2017 went down by 4.1 percent from its production level of 17.62 thousand metric tons during the same period last year to its current level of 16.90 thousand metric tons. This was attributed to the following factors:
o less harvest as newly planted suckers are not yet harvestable in Bicol Region (Catanduanes); and
o less harvest and stripping activities due to frequent rains in Western Visayas (Aklan) and Caraga (Surigao Sur).
• The top abaca producer for this quarter was Bicol Region with a share of 37.8 percent to the country’s total abaca production. Eastern Visayas followed next with 18.0 percent, while Davao Region and Caraga had respective contributions of 12.8 and 10.8 percent.