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AGRI 3

QuestionAnswer
Primary stakeholders involved in agricultural production. Backbone of the agribusiness sector. Ensure food security/ key innovators. Experiment with new techniques and technologies to improve crop yields and reduce costs Producers and Farmers
Problems of the Farmers in the Philippines ● rising cost of farm inputs ● Limited access to farm laborers and farm mechanization ● Weather conditions and pest infestations ● Typhoons and other calamities ● Pets and Insects damaging their plants ● Water scarcity and prolonged flood
●57 to 49-50 y/o ● Average level of education is Grade 5 ● Less receptive to farming technologies ● Import tons of rice ● Country’s population (Projected to reach 120M by 2025) Filipino farmers
Financial resources to fund. Bring a wealth of knowledge and expertise. Have the power to influence the direction of the sector through their investment decisions, which can drive innovation and promote sustainable practices Investors
Provide essential products and services to farmers, processors and distributors. Act as partner to agribusinesses, working closely with them to develop new products and technologies improve efficiency, and reduce costs Suppliers
Regulatory bodies, policy makers and support institutions. Provides subsidies, loans and other forms of financial assistance to ensure food security and promote sustainable agriculture practices Government Agencies
Regulates the industry by setting standards for quality control, safety measures and environmental protection. Monitor supply chain to ensure fair trade practices and prevent monopolies Government Agencies
Age pension fund for elderly farmers and fisherfolk: Benefits and entitlements ■ Retirement benefits of 2000/ month upon reaching 65 yo ■ Death Benefits ■ Disability Benefit House Bill 9455
Processors, manufacturers, distributors and retailers of agricultural products. Companies that are involved in the production, processing and distribution of agricultural products. Encompasses all aspects of the agricultural industry. Agribusiness firms
Individuals and organizations that purchase and use agricultural products. Those who buy and sell agricultural products for business purposes Consumers and Customers
Organizations working in areas related to agriculture, sustainability and rural development NGO and Advocacy Groups
Banks, lending agencies. Insurance providers for agribusiness for agribusiness operations. Financial Institutions
The future of Agribusiness: ●Advancement in technologies ● New markets emerge ● Partnership between different sectors of the industry are driving innovation and collaboration
(The Philippines Agriculture Disaster) The Philippines heavily relies on imports for essential goods, such as rice, onions, vegetables, and meat, from countries like Vietnam. ○ Projected to remain the world’s largest rice importer by 2025, Philippines Agriculture and Import Dependency
(The Philippines Agriculture Disaster) large estates were owned by Spanish landlords or religious orders, and local Filipinos worked as tenant farmers focused on cash crops (sugar, tobacco, abaca) for export, creating a deep socio-economic divide. Hacienda System
(The Philippines Agriculture Disaster) (President Diosdado Macapagal): Aimed to abolish tenancy and promote owner-cultivatorship, but faced resistance from landowners and bureaucracy, leading to limited success Land Reform
(The Philippines Agriculture Disaster) Farmers still lack access to credit, modern technologies, and infrastructure, limiting their productivity and competitiveness. Current Challenges in Agriculture
(The Philippines Agriculture Disaster) Some argue that focusing on the agriculture sector is less beneficial compared to high-value sectors like Business Process Outsourcing (BPO), which generates significant revenue for the economy. Debate: Agriculture vs. Service sectors
Future of Farming: -Autonomous and Robotic Farming -Smart Farming Technologies -Vertical and Indoor Farming -Livestock Technologies -Aquaculture -Alternative Proteins -Genetic Modification
Created by: rainee_
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