Agriculture
Crop Production
Agriculture claims 24% of the total municipal area. Rice is the major crop of the municipality wherein it covers 2,999.75 hectares of land area. Other agricultural areas are utilized as coconut, banana, mango, and vegetable plantations.
Of the total rice land, 69% (2,056.80 hectares) is irrigated while the remaining 31%(942.95 hectares) is rain fed. Based on the records of the Municipal Agriculture Office (MAO), there are about 2,279 farmers cultivating an average area of 1.24 hectares of farm land per farmer. The estimated volume of rice production is 261,402.50 cavans per year (assuming that irrigated area produces 95 cavans per hectare while 70 cavans for rain fed). There are three(3) cropping seasons per year for the for irrigated lands while two(2) for rain fed areas.
Mono cropping is dominant practice although some portions are planted with alternative crops, such as monggo and watermelons during dry season. Some rice lands are non-irrigable due to salt intrusion.
Of the total rice land, 69% (2,056.80 hectares) is irrigated while the remaining 31%(942.95 hectares) is rain fed. Based on the records of the Municipal Agriculture Office (MAO), there are about 2,279 farmers cultivating an average area of 1.24 hectares of farm land per farmer. The estimated volume of rice production is 261,402.50 cavans per year (assuming that irrigated area produces 95 cavans per hectare while 70 cavans for rain fed). There are three(3) cropping seasons per year for the for irrigated lands while two(2) for rain fed areas.
Mono cropping is dominant practice although some portions are planted with alternative crops, such as monggo and watermelons during dry season. Some rice lands are non-irrigable due to salt intrusion.
Livestock and Poultry
Livestock and Poultry production in the municipality is mostly of backyard scale usually intended for family consumption or to augment family income. Large cattle and carabaos are basically utilized for farm purposes.
Fisheries
Marine
The fishery sector is the major backbone of the local economy. The municipality is endowed with 17.80 kilometers of coastline, the longest in the province. Municipal water which covers 15 kilometers from the coastline is about 163,119.44 square kilometers.
Coastal barangays is consist of Brgy. Agojo, Pawa, including Lat-asan, Navitas, Butacal, Batique, and Jamul-awon which are island barangays.
Based on the Municipal Environment and Natural Resources Office (MENRO) records, as of 2007 there are about 3,100 fisherfolks engaged in various fishing activities. Common fishing gears used by local fishermen include gill inet, drive-in net, beach seine, crab pot, fish corral, and long line.
Coastal barangays is consist of Brgy. Agojo, Pawa, including Lat-asan, Navitas, Butacal, Batique, and Jamul-awon which are island barangays.
Based on the Municipal Environment and Natural Resources Office (MENRO) records, as of 2007 there are about 3,100 fisherfolks engaged in various fishing activities. Common fishing gears used by local fishermen include gill inet, drive-in net, beach seine, crab pot, fish corral, and long line.
Inland
Panay is geologically crisscrossed with rivers and creeks. It has 52 rivers including estuaries which is about 17,235.48 square kilometers. Common fishing gears are filter nets, lift nets, flyk nets and crab pots.
Mangrove forest in Panay is the largest in the province with an estimated area of about 371.03 hectares. Vast reforested sites are located in Brgy. Lat-asan and Buntod.
Mangrove forest in Panay is the largest in the province with an estimated area of about 371.03 hectares. Vast reforested sites are located in Brgy. Lat-asan and Buntod.
Aquaculture
Total area devoted to fishponds is more or less 8,588.71 hectares, the largest concentration of production fishpond area in the province. Estimated annual production of fishponds is about 5,206.74 metric tons. Species cultured in brackishwater fishponds include3 milkfish, mud crab and prawn while catfish, tilapia and carp in freshwater fishpond.
Marine practices in the municipality include shellfish culture, mangrove silviculture and fish pen/cage. Some shellfish are naturally gathered.
Mangrove silviculture is a growing practrice. The technique involves the rearing of fish, crutaceans and shellfishin a controlled mangrove ecosystem.
Marine practices in the municipality include shellfish culture, mangrove silviculture and fish pen/cage. Some shellfish are naturally gathered.
Mangrove silviculture is a growing practrice. The technique involves the rearing of fish, crutaceans and shellfishin a controlled mangrove ecosystem.
Trade and Industry
The trade and industry sector is predominantly agri-fishery based. Panay is one of the major sources of fishery products in the province. In 2007, about 43 fish traders are exporting bulk of fish, crabs, shrimps, shellfish, and other fishery products(fresh and processed) outside of the province.
Based on the record of the Municipal Planning and Development Office(MPDO), there are about 65 local traders engaged in retailing, wholesaling and exporting of rice in 2007. There are four(4) large-scale rice mills, six(6) small-scale rice mills and 10 roving rice mills operating in Panay.
Poultry and livestock raising are undertaken mostly on backyard scale. In the Poblacion proper, there are 9 stores selling agricultural and poultry supplies.
As of 2007, there are about 1`,329 business establishments operating within the municipality. Of total, 73% are sari-sari stores.
For banking/credit services, the Bank of Panay Inc. is the lone banking institution in Panay. There are 3 pawnshops operating in Panay and various microlending investors.
Based on the record of the Municipal Planning and Development Office(MPDO), there are about 65 local traders engaged in retailing, wholesaling and exporting of rice in 2007. There are four(4) large-scale rice mills, six(6) small-scale rice mills and 10 roving rice mills operating in Panay.
Poultry and livestock raising are undertaken mostly on backyard scale. In the Poblacion proper, there are 9 stores selling agricultural and poultry supplies.
As of 2007, there are about 1`,329 business establishments operating within the municipality. Of total, 73% are sari-sari stores.
For banking/credit services, the Bank of Panay Inc. is the lone banking institution in Panay. There are 3 pawnshops operating in Panay and various microlending investors.