AGRICULTURE AND RURAL DEVELOPMENT

The town has an agricultural economy. Among other major economic activities are farming, livestock and poultry raising. The primary crops are citrus, rice, corn, ginger, squash, banana and upland vegetables. Minor crops are root crops and other tropical fruits. The presence of rivers, springs, creeks and other water tributaries is a potential irrigation source for these crops. However, the production of these crops are continuously increasing due to unabated expansion and new production technology applications.

Based on the preceding discussions, the tertiary (service) and secondary (industry/manufacturing) sectors have high export potential and have developed as economic-based industries. Furthermore, micro, small, and medium-sized businesses have high export potential. Despite this potential, the municipality is not yet a global exporter. Its strength, however, is that the municipality is a major domestic exporter of essential agricultural products. For grains, the municipality is a major inter-regional exporter of rice and white corn. These products also have a high likelihood of sustained domestic exportation and a high potential for upstream connectivity with the food supply chain.

The municipality of Kasibu is a major exporter of citrus to both the regional and national markets. Bananas, which are a major fruit product in the municipality, are also included. This means shortages in production are still being experienced. As a result, the export potential remains very low. This is due to the increase in disease outbreaks on banana farms over the last ten years. When it comes to vegetable crops, temperate vegetables have a higher sustained export potential than tropical vegetables. As a major exporter of temperate vegetables such as cabbage, guavas, guavas, chayote, and carrots, production levels for these crops are experiencing surpluses, providing more than the local requirements. Root crops such as ginger and sweet potato are major exports of the municipality and have a high potential to sustain such exports due to surpluses observed on Kasibu farms.

Despite the potential for sustained exportation and a high likelihood of economic-based industries, the municipality is still limited within the regional and national markets. Global exports have not yet been penetrated.

Trading / Market Terminals

The Nueva Vizcaya Agricultural Terminal (NVAT) is the most extensive trading post operating in the province. It provides a venue where farmers can sell their products daily. The facility rents out stalls to traders who facilitate the buying and selling of farmers’ products. It has also become a venue where pick-up buyers/viajeros can buy local products in bulk. The majority of the products traded at the NVAT in Kasibu are vegetable crops. Market destinations for these traded products are Metro Manila (Balintawak, Divisoria, Valenzuela, Paranaque, Taguig and Pasig), Region 01 (Urdaneta, La Union), Region 03 (Nueva Ecija, Bulacan, Tarlac, Pampanga), Region 02 (Cagayan, Quirino & Isabela) and CAR (Benguet, Kalinga).

AGRICULTURAL SERVICES AND POST-HARVEST FACILITIES

Post-harvest facilities existing in the area are mostly support facilities to rice and corn production such as rice mills, multi-purpose drying pavement and rice threshers corn shellers and warehouses. For citrus production, the Malabing Valley Multi-Purpose Cooperative (MVMPC) is directly involved post-harvest facilities were positioned in Solano like the sorter machine and the refrigerated van.

FOREST AND FOREST LAND

Forestland covers 82% or 59,071.37 ha, of Kasibu Municipality’s total land area. Only 18% (13,180.19 ha) falls under Alienable and Disposable (A & D) category. Based on the 2015 DENR landcover data, forest occupies 48.66% or 35,160.88 hectares of the Municipality. Brushland/grassland accounts for 17,549.43 hectares (24%), agricultural crop covers 18,201.7 ha (25%), bodies of water including fishponds have 414.97 hectares (0.57%), built-up area is 576.51 hectares and barren/no vegetative cover 348.08 hectares.

Forestland are subdivided as production forest (23,825.56 ha) and protection forest (35,245.82 ha) based on elevation. 27,448.81 hectares of these forestlands are already allocated or have tenurial instrument in placed and the remaining 31,622.57 ha remain un-allocated/open space.  

COMMERCE AND TRADE

The growth of commerce and trade in the Municipality is a sign of a developing community. Commerce creates jobs, employment, and other economic opportunities for different sectors of the community. Such economic interactions create a catalytic effect that induces the growth and development of the Municipality.

Kasibu Municipality is evolving into a situation where commerce and trade are a major sector influencing the Municipality’s economic development.

The presence of the industry in a community indicates the state of economic development. The addition of value to the transformation of raw materials into other forms of products provides additional income to farmers/producers, employment, and revenue to a municipality. In the Municipality of Kasibu, most of the industrial establishments present are agro-based, food and forest-based industrial processing. Most of these establishments are located in the sloping lowland portion of the Municipality and within the urban centers. Agro-based industries, particularly citrus plantations, are a prominent emerging industry in the Municipality. Another sector is processing secondary forest products like tiger grass, rattan, and wildflowers, processed into handicraft products like soft brooms, hand-woven handicrafts, and fossilized flowers.