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Department of Agriculture
PHILIPPINE AGRICULTURAL DEVELOPMENT ANDCOMMERCIAL CORPORATION (PADCC)
facilitated by Bruce EGT Zabala | November 25, 2009

TypeThe yourArt photoof captionAgribusiness orBook creditLaunch here.

In a bid to promote agribusiness in the Philippines, the Department of Agriculture and the Bureau of Agricultural Research will launch the book, "The Art of Agribusiness: 111 and More Success Stories in Agri-Entrepreneurship” on November 24, 2009 at the 2nd Level, Atrium, The Podium, Ortigas, Pasig City.

The book, which is the brainchild of Agriculture Secretary Arthur C. Yap, aims to promote agribusiness and agri-entrepreneurship and inspire Filipinos to engage in agriculture and fisheries as a profitable business venture.

TypeIt features 124 successful stories of agri-entrepreneurs from all over the country yourwho photohave captioneither benefited from the assistance bestowed by DA and other government agencies or creditgrew here. largely through the honest hard work of their owners.

“Real and sustainable economic growth would not happen if the agriculture sector would be left behind. In this book, we feature some of the trailblazing experts in the many fields of agriculture and their life stories are as varied as the industries, products, people and organizations that they represent. All of them prove that there truly is wealth in agriculture,” says Secretary Yap.

Originally, the book was intended to feature success stories of 111 agri-entrepreneurs in celebration of the 111th anniversary of DA but the abundance of agri-entrepreneurs worthy of getting featured in the book exceeded the targeted number of success stories.

TypeThe yourbook photois captionthe orfirst creditof here. its kind in the country and in the history of DA. According to Secretary Yap, the second volume of the book is already on the drawing board.

Joey Concepcion of Go Negosyo and the Philippine Center for Entrepreneurship gives the foreword, as Go Negosyo shares in the DA's vision to promote entrepreneurship in the Philippines .

TypeIn yourpartnership photowith captionNational orBookstore’s creditBestsellers, here. Anvil Publishing, and The Podium, the book launch will gather the agri-entrepreneurs featured in the book as well as representatives from the private sector and government agencies.

The book will be distributed in partnership with Anvil Publishing and will soon be initially available in the top 50 National Bookstore outlets in the National Capital Region. (DA-BAR)
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TypeDepartment of yourAgriculture
NATIONAL photoFOOD captionAUTHORITY

NFA orLaunches creditEnhanced here.Electronic Trading System for Corn
Corn producers and end-users will only have to press computer keys to seal their transaction with the formal launching of the Enhanced Electronic Trading System (EETS) for corn by the National Food Authority.

In a report to Agriculture Secretary Arthur C. Yap, NFA administrator Jessup P. Navarro said the launching of EETS answers the stakeholders’ clamor for the establishment of an agricultural commodity exchange system for corn that will provide corn buyers and sellers a wide choice of source and market for the commodity.

According to Navarro, the price of corn in the country fluctuates mainly because of the mismatch of supply with demand due to seasonalities in production. The unstable pricing gets even worse with the differences in distance between production and consumption areas.

The EETS for corn, Navarro informed, is a web-based network of Designated Depository and Withdrawal Sites (DDWS) linked together by the Central Corn Exchange Center at the NFA Central Office. The DDWS serves as trading center that would provide information exchange. It also serves as clearing house and functions as a commodity trading venue for buyers and sellers.

The DDWS will initially cater to four pilot areas including Isabela, Pampanga, General Santos and Cagayan de Oro City.

Through the electronic exchange system, corn producers, suppliers and sellers can transact directly with the end-users and buyers thus cutting layers and costs in marketing to improve their income.

“Marketing is the crux of any business endeavor and the more choices given to producers to sell their produce and the end-users to avail of supply, the better their opportunity to get better prices and improve their profit margin,” Navarro said.

The EETS also gives assurance to accredited corn farmers that NFA will procure deposited stocks at a pre-determined price level, while buyers’ bids can be transmitted electronically through the NFA’s computer system for the sellers to have a wider option for getting the highest price for their produce.

In addition, the electronic system is more transparent and a credible monitor of price and market trends for use in decision making both by the private and government sectors.

Eligible to participate in the program are corn buyers who are willing to withdraw their stocks from the designated withdrawal sites and corn sellers who are willing to deposit their stocks at the designated depository sites.

Corn sellers include NFA accredited farmers and farmer organizations and other corn suppliers while corn buyers shall include feed millers, registered poultry and hog raisers and other corn buyers.

For more information on the NFA’s ETTS program, the public may send their queries via Text NFA with mobile number 0917-6210927. # # # (DA-NFA)
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P600M worth of agri-investment proposals to highlight
first-ever National Convergence Agri-investment Forum
Some P600 million pesos worth of investment proposals for agribusiness projects will be presented during the first-ever National Convergence Agri-Investment Forum on November 25, 2009 at the Asian Institute of Management (AIM) Conference Center in Makati City , Philippines .

The National Convergence Agri-investment Forum represents a pro-active move on the part of the National Convergence Initiative of Department of Agriculture (DA), Department of Agrarian Reform (DAR), and Department of Environment and Natural Resources (DENR) to increase awareness and promote more investments into the Philippine agriculture/agribusiness sector by presenting pre-screened investment proposals into the new agribusiness areas of the country.

The proposals, prepared by regional Convergence Initiative Technical Working Groups throughout the country, cover expansion and modernization of mushroom production, integrated feed milling program, manufacture of handcrafted novelty items using cornhusk, and integrated coconut processing facility, among others.

TypeAmong the 13 agribusiness investment proposals (AIPs), the proposed project on Halal Goat Center Agribusiness Development Program: A Road to Productivity and Peace Development Initiative for Maguindanao Province is on the top of the list in terms of its total yourproject photocost captionamounting to P107.7M. The project will produce Halal chevon, slaughter goat, or creditlive here. goat for slaughtering and organic fertilizer. It also aims to explore alternative business arrangements to encourage private sector-farmer partnership in establishing and managing enterprises.

There is also a P100M-proposal for Coffee-based Farming and Financing for Economic Enhancement Program. Situated in Surigao del Sur, this project will adopt appropriate coffee-based farming system that will optimize land utilization and will provide greater area for the expansion expecting to increase farmers’ profitability.

A number of private investors are expected to partake in the activity. The event also foresees possible forging of agreements between the investors and proponents of the projects being presented. Interested parties are asked to register at the AIM Conference Center – SGV & Co. Hall by 8:30 am or call Cesar Francis Labro at 929-4927 for reservations.

TypeAside from DA, DAR, and DENR, the event is also made possible with the support from the following youragencies: photoGerman captionTechnical Cooperation (GTZ) - an international cooperation enterprise for sustainable development with worldwide operations, Agencia Española de Cooperacion Internacional para el Desarrollo (AECID) or creditSpanish Agency for International Development Cooperation, and the Philippine Agricultural Development and Commercial Corporation (PADCC) - the designated agribusiness investment here.promotion and marketing arm of DA. (DA-PADCC)