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US$7.8 mln lost

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Philippines

Severe flooding and landslides caused by Typhoon Pepeng in the Cordillera Administrative Region (CAR) and Northern Luzon have cost coffee farmers around Php350 million (US$7.38 million), according to Valentino Macanes, an associate professor and director of the Institute of Highland Farming Systems and Agroforestry with the Benguet State University (BSU) in La Trinidad, Benguet.

Macanes announced his findings at the second Coffee Summit sponsored by the Philippine Coffee Board (PCB) recently.

He said that Benguet province suffered worst, estimating losses to be around Php109.57 million, but losses in Northern Luzon and the CAR which have yet to be accurately assessed due to the difficult terrain and poor communications, could be even higher.

 

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Quarter 4, 2011


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