
There is likewise this system of entitlement that keeps earnings and the profit motivation out of the farms, and that most effective buyers and consolidators are able to acquire many profits from income. If such were the reverse, maximum smallholder farmers and fisher folk in the Philippines would no longer be locked in perpetual poverty. This can be addressed if farmers are taught to supply pleasant and no longer best quantity. By linking farmers to institutional markets thru reliable supply chains, then earnings will increase.
The ultimate weak point I see in Philippine agribusiness is a few dominant businesses are also run through few dominant families. Nothing dramatic has been done to bridge the distance among poor farm employees and wealthy businessmen. I am now not announcing that large business is terrible; it’s that greater Micro, Small and Medium Enterprises (MSMEs) must be created within the discipline of agribusiness.
MSMEs actually make up ninety nine.6 percent of the 900,914 business businesses within the Philippines, primarily based on 2015 Philippine Statistics Authority figures. But much less than eight,195 or below 1 percentage are in the agriculture, forestry and fishing industries.
While getting greater MSMEs involved in agriculture will without a doubt need policy support and diverse packages/tasks on the part of authorities, we must not forget the want to capacitate, inform and empower our smallholder farmers and fisher people and lead them to greater orientated toward agripreneurship.
A top first step towards retooling the taking into account smallholder Filipino farmers is the strengthening of farmers’ umbrella enterprise as they have got the direct link to number one cooperatives and its farmer-contributors. Another similarly critical milestone is the launching by way of Go Negosyo and the Department of Agriculture (DA) of the Kapatid Agri Mentor Me Program (KAMMP), so that it will follow the version of Kapatid Mentor Me, a 12-week coaching consultation for micro and small marketers, however geared toward creating agripreneurs. This is a excellent initiative of Agriculture Secretary Manny Piñol and Joey Concepcion. I can be onboard the program as adviser. One other concept that I were advocating is agribusiness incubation.
There is surely lots to do to make inclusive agribusiness flourish in the Philippines (actually), as we realise the importance of high-value vegetation for processing and industrial application. By selecting key commodities in step with province or vicinity, based on herbal endowments and center benefit, we will map-out potential and possible areas for inclusive agribusiness, then we are able to create an enterprise for every commodity.
In remaining, allow’s again be one in adopting and supporting the modernization and industrialization of Philippine agriculture thru inclusive agribusiness and seeing to it that agripreneurship is the manner to free up our farmers and fisher folk from a long time of poverty.
In my subsequent column, I will discuss, amongst others, the Sustainable Intensification Framework to jumpstart the shift to agribusiness and agripreneurship within the Philippines.