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Vegetable Farming Business Plan
Published Mar.29, 2024
Updated Apr.24, 2024
By: Alex Silensky
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Table of Content
As explained in our farm business plan example , vegetable farming is booming. More and more people are becoming aware of the benefits of eating fresh vegetables for their health, environment, and society. According to Statista , the global vegetable market can reach $1.08 trillion in revenue in 2024, with an expected annual growth rate of 6.89% from 2024-2028.
Starting a successful vegetable farming business requires appropriate planning, investment, knowledge, and marketing. Without proper foresight, new farmers face pitfalls like investing too much upfront, failing to find customers, or getting overwhelmed by the workload.
This vegetable farming business plan sample helps you:
- Tackle challenges,
- Explore benefits,
- Assess market potential,
- Identify business models and
- Create a targeted marketing plan for your vegetable farm.
By the end, you will have a business plan for vegetable farming tailored to your unique situation.
Challenges of the Vegetable Farming Industry
Starting a vegetable farming business involves four main challenges: high initial investment, seasonal and climatic factors, market fluctuations and competition, and regulatory and environmental issues. Here is how you can deal with each challenge:
1. High Initial Investment
As explained in our fruit and vegetable business plan , starting a farming business requires significant capital. According to a report by Starter Story, the average startup costs for a vegetable farm in 2024 are $19,815. Primary startup costs for starting a vegetable farm include:
- Land acquisition or leasing
- Equipment (tractors, tillers, irrigation systems, etc.)
- Seeds and seedlings
- Fertilizers and pesticides
- Labor costs
- Licensing and permits
- Marketing and advertising expenses
- Packaging and transportation costs
- Storage facilities
Tips to reduce initial investment for a vegetable farming business:
- Start small and expand gradually.
- Consider leasing or sharing equipment.
- Explore financing options or grants.
- Invest in cost-effective technology.
- Collaborate with other farms for bulk purchases.
- Optimize resource usage to reduce expenses.
- Focus on high-yield crops for better returns.
- Develop a vegetable growing business plan for financial guidance.
2. Seasonal and Climatic Factors
Vegetable farming is highly dependent on the weather and the seasons. Farms facing failures due to seasonal and climatic factors are a growing concern, particularly with the impacts of climate change.
Tips to adapt to seasonal and climatic factors for a vegetable farming business:
- Rotate and diversify crops.
- Use greenhouses for year-round production.
- Monitor weather forecasts regularly.
- Utilize row covers or frost protection methods.
- Focus on planting and harvesting resilient crops.
- Stay informed on climate change.
- Have contingency plans for extreme weather events.
3. Market Fluctuations and Competition
The vegetable farming industry is very competitive and dynamic. The competition can come from other farmers with lower production costs, higher quality standards, or better marketing strategies.
Tips to overcome market fluctuations and competition challenges in a vegetable farming business:
- Diversify produce to meet market demands.
- Build direct relationships with local markets.
- Use technology for forecasting and planning.
- Engage in farmers’ markets or CSA programs.
- Emphasize quality to stand out.
- Offer unique or specialty crops.
- Collaborate for collective marketing.
- Adapt production to market trends.
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4. Regulatory and Environmental Issues
A vegetable farming business is subject to various laws and regulations that govern the quality, safety, and sustainability of vegetable products and practices. Some of these regulations include:
- Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA)
- Food Quality Protection Act (FQPA)
- Clean Water Act (CWA)
- Safe Drinking Water Act (SDWA)
- Soil Conservation and Domestic Allotment Act
- Fair Labor Standards Act (FLSA)
- Food Safety Modernization Act (FSMA)
Tips to address the regulatory and environmental issues in a vegetable farming business:
- Research local regulations and obtain necessary permits.
- Develop a sustainability plan, like a garlic farm business plan for eco-friendly farming.
- Implement effective waste management strategies.
- Adopt sustainable farming practices to minimize environmental impact.
- Stay updated on evolving laws.
- Collaborate with agencies for guidance.
- Regularly assess and mitigate environmental risks.
- Train staff on compliance and best environmental practices.
The Benefits of a Vegetable Farming Business
Despite the challenges, vegetable farming offers a unique business opportunity with stable demand, diverse income streams, and scalability. Profit margins often range from 20-35%. The benefits of starting a vegetable farming business include:
1. Financial Benefits
- High profit margins.
- Comparatively lower initial investments.
- Ability to scale and expand to meet demand year-round.
- Multiple pricing models – D2C, restaurants, processed goods, etc.
- Eligible for agriculture subsidies, grants, and financial incentives.
- Vertically integrated with value-added products to maximize revenues.
2. Market Benefits
- Constant and growing consumer demand for fresh vegetables.
- Less susceptibility to market volatility compared to commodity field crops.
- Year-round production capabilities with greenhouse infrastructure.
- Ability to capitalize on the increasing popularity of plant-based diets and locally grown food.
- Direct marketing opportunities through farm-stands, farmers markets, CSAs, etc.
3. Operational Benefits
- Shorter crop cycles and ability to diversify crops throughout the seasons.
- Lower equipment costs compared to commodity crop operations.
- Adaptable to smaller land holdings in peri-urban areas.
- Farm labor is readily available compared to field crops.
- Lower regulatory barriers to entry compared to livestock or cash crops.
Healthy profit margins, diversified income streams, increased market demand, and access to growing niche markets make produce production a promising business model.
Immigration business plan
The value of vegetable farming market.
The vegetable farming market is large and diverse, with various segments and niches. According to a report by The Business Research Company, the global vegetable farming industry market is expected to grow from $1.65 trillion in 2023 to $1.76 trillion in 2024 at a CAGR of 6.5%. It’s projected to reach $2.17 trillion in 2028 at a CAGR of 5.4%.
The major factors driving the growth of the vegetable farming industry include:
- Population growth
- Health and wellness trends
- Urbanization
- Changing dietary patterns
- Government policies
- Climate change impact
- Global trade dynamics
- Consumer preferences
- Supply chain resilience
- Water scarcity concerns
The major markets for farming are Asia-Pacific, Europe, North America, and South America, with China, India, Nigeria, the Dominican Republic, and the US being the top five producers of vegetables, according to the World Population Review.
China | 749 Million | 55.60% |
India | 200.3 Million | 14.87% |
Nigeria | 137.8 Million | 10.23% |
Dominican Republic | 48.2 Million | 3.58% |
United States | 47.8 Million | 3.55% |
Indonesia | 34.1 Million | 2.53% |
Thailand | 33.4 Million | 2.48% |
Ghana | 33 Million | 2.45% |
Russia | 31.8 Million | 2.36% |
Turkey | 31.7 Million | 2.35% |
Business Opportunities in the Vegetable Farming Business
There are several business opportunities to capitalize on increasing consumer demand for fresh, local produce. Here are some of the top opportunities in the farming sector:
1. Organic Vegetable Farming
What Is Organic Vegetable Farming? Organic vegetable farming involves cultivating vegetables without synthetic pesticides or fertilizers. Instead, it relies on natural methods to maintain soil fertility and control pests. Check our organic farming business plan to learn more.
Ideal For – Environmentally conscious producers seeking nutritious and chemical-free produce.
Organic Vegetable Farming Business Plan
- Research organic farming practices.
- Identify suitable land for cultivation.
- Obtain organic certification.
- Cultivate a variety of in-demand produce.
- Establish partnerships with local markets.
Opportunities:
- Growing demand for organic produce.
- Potential for premium pricing.
- Access to niche markets like farmers’ markets and organic grocery stores.
Challenges:
- Higher production costs compared to conventional farming.
- Compliance with organic certification standards.
2. Hydroponic Vegetable Farming
What Is Hydroponic Vegetable Farming? Hydroponic vegetable farming is growing plants in a soilless system where nutrient-rich water solutions deliver essential minerals directly to the roots.
Ideal for – Urban areas with limited space, regions with water scarcity, and individuals interested in high-tech agriculture.
Hydroponic Vegetable Farming Business Plan
- Select suitable hydroponic systems (e.g., NFT, DWC).
- Source quality seeds and nutrient solutions.
- Establish a distribution network targeting local markets or restaurants.
- Invest in technology for climate control and monitoring.
- Ensure proper training for staff on hydroponic techniques.
- Efficient water usage.
- Year-round production.
- High initial setup costs for equipment and technology.
- Technical expertise is required for managing hydroponic systems.
3. Vertical Vegetable Farming
What Is Vertical Vegetable Farming? Vertical vegetable farming involves growing produce in vertically stacked layers or vertically inclined surfaces. This innovative approach maximizes space utilization by taking farming to new heights.
Ideal For – Urban dwellers, restaurants, and communities with limited space but a growing demand for fresh, locally grown produce.
Vertical Vegetable Farming Business Plan
- Select a suitable vertical farming system (e.g., tower gardens, hydroponic towers).
- Choose high-yield crop varieties that thrive in vertical setups.
- Optimize lighting and irrigation systems for efficient growth.
- Establish partnerships with local markets or restaurants for direct sales.
- Implement sustainable practices for resource efficiency.
- Maximizing space utilization for increased yields.
- Providing fresh produce locally year-round.
- Catering to the growing demand for sustainable agriculture practices.
- Initial setup costs are significant.
- High energy consumption.
- Limited crop varieties compared to traditional outdoor farming.
4. Value-added Vegetable Farming
What Is Value-Added Vegetable Farming? Value-added vegetable farming involves processing and enhancing the value of raw produce through methods like canning, pickling, or creating gourmet products. This adds convenience and uniqueness to the product.
Ideal For – Farmers looking to diversify their product offerings, cater to consumer preferences for convenience, and capitalize on the artisanal food trend.
Value-added Vegetable Farming Business Plan
- Identify popular value-added products.
- Source high-quality produce for processing.
- Develop unique recipes and packaging to differentiate products.
- Establish distribution channels through farmers’ markets, specialty stores, and online platforms.
- Maintain strict quality control and food safety standards.
- Allows monetization of surplus or lower-grade fresh produce.
- Offers products with longer shelf life.
- Captures higher margins.
- Additional investments in kitchen equipment and facilities.
- Licensing requirements for processed food production.
- Market competition from large food manufacturers.
Marketing Plan for a Vegetable Farming Business Plan
A marketing plan section of a state farm business plan outlines the strategies and actions that a business will use to achieve its marketing goals and objectives.
A marketing plan for a small vegetable farm business plan should include:
Target Market
Competitive analysis, marketing strategies.
- Pricing Strategy
- Distribution Plan
- Sales Forecast
Marketing Budget
Here’s a marketing plan section from a sample vegetable farming business plan of a business called ABC Farms:
Our target markets include:
- Local Restaurants
- Farmers Markets
- Community Supported Agriculture (CSA) Members
- Grocery Stores
- Schools and Cafeterias
- Food Cooperatives
- Health-conscious consumers
Our main competitors are the large-scale conventional producers. Our competitive advantage is our commitment to sustainable practices, focus on soil health, and fresh, high-quality produce.
Marketing Objectives
- Increase brand awareness by 20%
- Expand customer base by 15%
- Increase direct-to-consumer sales revenue by $10,000
- Establish 5 new partnerships
- Achieve a 25% sales increase for new organic products
- Boost social media engagement by 30%
- Participate in 3 events monthly
- Social media marketing
- Email marketing campaigns
- Hosting farm tours and workshops
- Partnership with local restaurants or grocery stores for sourcing
- Participating in farmers’ markets and food festivals
- Implementing a customer loyalty program
- Offering seasonal promotions and discounts
As per our vegetable production business plan, our annual marketing budget is $20,000, which will be allocated as per the chart below:
![vegetable farming business plan philippines Vegetable Farming
Business Plan - Marketing Budget](https://www.ogscapital.com/wp-content/uploads/2024/04/vegetable-farming-business-plan-marketing-budget.jpg-1024x634.webp)
Our promotion will focus on our organic practices, product freshness, and status as a local farm supporting the community. These qualities help attract consumers.
Partner With OGSCapital for Your Vegetable Farming Business Plan
At OGSCapital, we have the experience and expertise to help you start a successful vegetable farm. We are a team of leading business plan writers with over 17 years of experience and 5,000+ satisfied customers across 42+ industries.
Here are some of the reasons why you should choose us for your business plan for vegetable farm:
- We make custom, high-quality, user-friendly business plans for your goals and needs. For example, our FPO business plan template.
- Our experts are from top B-schools with 15+ years of industry experience. We can boost your business position and investor appeal.
- We use reliable research to give you current and relevant data and insights into the industry.
- We connect you with our network of investors. We have helped our clients raise over $2.7 billion in funding.
Contact us today if you are ready to start your vegetable farm or garden business plan.
Download Vegetable Farming Business Plan Template in PDF
Frequently Asked Questions
How profitable is vegetable farming?
US vegetable farmers’ profits vary widely. Mid-Atlantic direct-market farms earned below $18,500, less than Pennsylvania’s poverty line for two people. But bigger and more diverse farms made more than the median household income in 12 years. US vegetable farms’ profit margins are usually 10-20% of revenue.
What are the best vegetables for farming?
Low-growing greens vegetables like lettuces, spinach, arugula, bok choy, and kale are generally easy to grow and can be successful in various conditions. Other high-income crops for small or backyard growers include strawberries, garlic, and specialty vegetables like heirloom tomatoes and exotic herbs.
OGSCapital’s team has assisted thousands of entrepreneurs with top-rate business plan development, consultancy and analysis. They’ve helped thousands of SME owners secure more than $1.5 billion in funding, and they can do the same for you.
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Vegetable Farming Business Plan [Sample Template]
By: Author Tony Martins Ajaero
Home » Business Plans » Agriculture Sector
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Are you about starting a vegetable farm? If YES, here’s a complete sample vegetable farming business plan template & feasibility report you can use for FREE to raise money .
Okay, so we have considered all the requirements for starting a vegetable farming business. We also took it further by analyzing and drafting a sample vegetable farming marketing plan template backed up by actionable guerrilla marketing ideas for vegetable farms. So let’s proceed to the business planning section.
Why Start a Vegetable Farming Business?
As an aspiring entrepreneur who is interested in starting a business in the agricultural sector of your country, you can be rest assured that there are loads of business opportunities available, and vegetable farming is one of them. Vegetable farming is known to be a profitable business which has over the years evolved from small scale (backyard garden), into a global industry in all countries where it is carried out.
Countries in the Caribbean, South America, North America, Europe, Asia, Australia and Africa are known to be in the forefront when it comes to cultivating varieties of vegetables. If you are considering starting a vegetable farm business, the good news is that you cannot get it wrong.
This is because various types of vegetable are consumed by almost everybody all over the globe. It is important to state that starting a vegetable farming business comes with its own share of challenges, but that does not rule out the fact that it is indeed a profitable business venture.
An aspiring entrepreneur can either choose to start a vegetable farm on a small scale or on a large scale depending on their financial status.
If you have decided to go into vegetable farming, then you should ensure that you carry out thorough feasibility studies and market survey. Business plan is yet another very important business document that you should not take for granted when launching your own vegetable farming business.
Below is a sample vegetable farming business plan template that can help you to successfully write your own with little or no difficulty.
A Sample Vegetable Farming Business Plan Template
1. industry overview.
Vegetable farmers grow a wide variety of vegetables in open fields and in greenhouses. Some vegetable farmers also grow a variety of fruits and other crops.
If you are a close observer of the vegetable farming industry, you will agree that the industry is anticipated to increase due to increasing consumer health consciousness, which has led to increasing demand for fresh produce. While per capita fruit and vegetable consumption has remained stable in recent time, the price of vegetables has increased as consumers demand premium, fresh vegetables.
So also, the number of both small and large farms has been increasing. Small, local farms are benefiting from the organic, local movement, while large, commercial farms are improving labor efficiency. Going forward, players in the vegetable farming industry will continue to increase revenue generation for their business.
The Vegetable Farming industry is indeed a fast – growing industry that is pretty much active in all countries of the world. As a matter of fact, The Netherlands has some of the largest greenhouses where vegetables are cultivated in the world.
That is the scale of food production in the country so much so that in 2000 alone, greenhouses occupied about 10,526 hectares, or 0.25 percent of the total land area.
The Netherlands has an estimate of 4,000 greenhouse establishments that operate well over 9,000 hectares of greenhouses and employ about 150,000 workers, producing €7.2 billion worth of vegetables, fruit, plants and flowers, some 80% of which are exported.
Statistics has it that in the united states of America alone, there are about 76,459 registered and licensed vegetable farms scattered all across the United States responsible for employing about 317,590 and the industry rakes in a whooping sum of $26 billion annually. The industry is projected to enjoy 2.5 percent annual growth.
One thing is certain when it comes to vegetable farming, if you are able to conduct your market research and feasibility studies before choosing a location for cultivating your vegetable, you are likely not going to struggle to grow the vegetable farming business and also sell your vegetables because there are always food processing companies and consumers out there who are ready to buy from you.
Lastly, with vegetable farming it will pay you not to only cultivate vegetable and sell them for consumption in farm markets to retailers and consumers. You can as well start a complimentary business like vegetable processing plant to package your vegetables to save cost.
The bottom line is that if you have enough farm land (space) and you are interested in maximizing vegetable farming, you are sure going to make huge profits from the business.
2. Executive Summary
Johnson Jael® Vegetable Farms, LLC is a registered and licensed commercial farm that will be based in the outskirts of Los Angeles, California – United States. We have done our detailed market research and feasibility studies and we were able to secure 25 hectares of land to start our vegetable farm.
We will always leverage on greenhouse farming to cultivate vegetable hence we will construct a structure with walls and roof made essentially of transparent material, such as glass, in which plants requiring regulated climatic conditions are grown.
At Johnson Jael® Vegetable Farms, LLC we will be involved in the cultivation of crops such as; cucumbers, shallots, tomatoes, lettuce, chilis, capsicum, red salad onions and snow peas, chinese cabbage, lettuce, basil, roses, tomatoes, okra, cantaloupe and bell peppers, watercress,
Basil, coriander, parsley, lemongrass, sage, beans, peas, kohlrabi, taro, radishes, strawberries, melons, onions, turnips, parsnips, mushroom, carrot, melon, sweet potato, cauliflower, cabbage, broccoli, and eggplant as well as the choys that are used for stir fries. We will also be involved in greenhouse vegetable production.
In the nearest future, hopefully within the first five years of officially running Johnson Jael® Vegetable Farms, LLC, we will start our food processing and packaging plant and also start exporting our vegetables to other parts of the world.
This is why aside from the fact that we have secured the required farm land and most of the farming equipment and machines, we have also hired key employees who are currently undergoing training so as to be able to fit into the ideal picture of the 21 st century vegetable farming business workforce that we want to build.
We are in the vegetable farming business because we want to leverage on the vast opportunities available in the agriculture industry to contribute our quota in growing the U.S. economy, in national food production, raw materials production for industries, to export agricultural produce from the United States to other countries and over and above to make profit.
Johnson Jael® Vegetable Farms, LLC is well positioned to become one of the leading vegetable farms in the United States of America, which is why we have been able to source the best hands and machines to run the business with. We have put process and strategies in place that will help us employ best practices when it comes to vegetable farming in the United States of America.
Johnson Jael® Vegetable Farms, LLC is a Private registered commercial farm that is owned by Johnson Jael and his immediate family members. The company will be fully and single handedly managed by the owner – Johnson Jael and his immediate family members at least for a period of time.
3. Our Products and Services
Johnson Jael® Vegetable Farms, LLC is a commercial farm that will be cultivating various vegetables via greenhouse farming model and land farming for both the United States’ market and the global market. We are in business to produce both vegetables and fruits in commercial quantities.
We will also ensure that we operate a standard food processing and packaging plant as part of our complimentary services. We are in this line of business to make profit and we will ensure that we do all that is allowed by the law of the United States of America to achieve our business goals and objectives.
These are the areas we will concentrate on in our vegetable farms. If need arises we will definitely add more agriculture produce to our list;
- Cultivation of crops such as; cucumbers, shallots, tomatoes, lettuce, chilis, capsicum, red salad onions and snow peas, Chinese cabbage, lettuce, basil, roses, tomatoes, okra, cantaloupe and bell peppers, watercress, basil, coriander, parsley, lemongrass, sage, beans, peas, kohlrabi, taro, radishes, strawberries, melons, onions, turnips, parsnips, mushroom, carrot, melon, sweet potato, cauliflower, cabbage, broccoli, and eggplant as well as the choys that are used for stir fries
- Vegetable and fruit processing and packaging
- Greenhouse construction, consultancy and advisory services
4. Our Mission and Vision Statement
- Our Vision is to become one of the leading vegetable farm brands not just in the United States of America but also on the global stage.
- Our mission statement as a commercial farm is to go into full – time cultivation of vegetables and fruits that will not only be consumed in the United States of America but also exported to other parts of the world.
- We want our processed fruits and vegetable to flood the nooks and crannies of the United States and other countries of the world.
Our Business Structure
Johnson Jael® Vegetable Farms, LLC is a commercial vegetable farm that intends starting small in Los Angeles – California, but hopes to grow big in order to compete favorably with leading commercial vegetable farms in the commercial farming industry both in the United States and on a global stage.
We are aware of the importance of building a solid business structure that can support the picture of the kind of world class business we want to own, which is why we are committed to only hire the best hands in and around California.
At Johnson Jael® Vegetable Farms, LLC, we will ensure that we hire people that are qualified, hardworking, dedicated, customer centric and are ready to work to help us build a prosperous business that will benefit all our stakeholders (the owners, workforce, and customers).
In view of the above, Johnson Jael® Vegetable Farms, LLC have decided to hire qualified and competent hands to occupy the following positions;
- Chief Operating Officer
General Farm Manager
Administrator/Accountant
- Crop (Vegetable and Fruits) Cultivation Manager/Supervisor
Vegetable and Fruits Processing and Packaging Plant Manager/Supervisor
- Sales and Marketing Executive
- Front Desk Officer
5. Job Roles and Responsibilities
Chief Executive Officer – CEO:
- Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities
- Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy
- Responsible for fixing prices and signing business deals
- Responsible for providing direction for the business
- Responsible for signing checks and documents on behalf of the company
- Evaluates the success of the organization
- Responsible for the planning, management and coordinating all farm activities across the various sections on behalf of the organization
- Supervises other section manager
- Ensures compliance during project executions (especially in the construction of greenhouse and hothouse et al)
- Providing advice on the management of farming activities across all section
- Responsible for carrying out risk assessment
- Using IT systems and software to keep track of people and progress of the growth of crops
- Responsible for overseeing the accounting, costing and sale of farm produce after harvest
- Represent the organization’s interest at various stakeholders’ meetings
- Ensures that farming goals are achieved, the most efficient resources (manpower, equipment, tools and chemicals et al) are utilized and different interests involved are satisfied. Responsible for preparing financial reports, budgets, and financial statements for the organization
- Responsible for overseeing the smooth running of HR and administrative tasks for the organization
- Handles all financial transactions for the company
- Defining job positions for recruitment and managing interviewing process
- Carrying out staff induction for new team members
- Responsible for training, evaluation and assessment of employees
- Oversee the smooth running of the daily farming activities across the various farming sections
- Responsible for preparing financial reports, budgets, and financial statements for the organization
- Responsible for financial forecasting and risks analysis
- Responsible for developing and managing financial systems and policies
- Responsible for administering payrolls
- Ensuring compliance with taxation legislation
- Serves as internal auditor for the company
Crop (Vegetable and fruits) Cultivation Manager/Supervisor
- Responsible for the cultivation of crops such as; cucumbers, shallots, tomatoes, lettuce, chilis, capsicum, red salad onions and snow peas, Chinese cabbage, lettuce, basil, roses, tomatoes, okra, cantaloupe and bell peppers, watercress, basil, coriander, parsley, lemongrass, sage, beans, peas, kohlrabi, taro, radishes, strawberries, melons, onions, turnips, parsnips, mushroom, carrot, melon, sweet potato, cauliflower, cabbage, broccoli, and eggplant as well as the choys that are used for stir fries
- Supervises other workers within the department
- Work closely with the General Manager to achieve the organizations’ goals and objectives
- Responsible for managing the fruits and vegetable processing and packaging plant section of the business
Sales and Marketing Officer
- Identify, prioritize and reach out to new partners, and business opportunities et al
- Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of relevant projects.
- Writing winning proposal documents, negotiate fees and rates in line with company policy
- Responsible for handling business research, marker surveys and feasibility studies for clients
- Responsible for supervising implementation, advocate for the customer’s needs, and communicate with customers
- Develop, execute and evaluate new plans for expanding increase sales
- Document all customer contact and information
- Represent the company in strategic meetings
- Help increase sales and growth for the farm
Front Desk/Customer’s Service Officer
- Welcomes guests and clients to the farm by greeting them in person or on the telephone; answering or directing inquiries.
- Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
- Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
- Manages administrative duties assigned by the manager in an effective and timely manner
- Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients
- Receives parcels/documents for Hankins Jordan® Banana Farms, Inc.
- Distribute mails in Johnson Jael® Vegetable Farms, LLC
- Handles any other duties as assigned by the line manager
6. SWOT Analysis
Johnson Jael® Vegetable Farms, LLC do not intend to launch out with trial and error hence the need to conduct a proper SWOT analysis.
We know that if we get it right from the onset, we would have succeeded in creating the foundation that will help us build a standard vegetable farm that will favorably compete with leading commercial vegetable farms in the United States of America and in other parts of the world.
We are quite aware that there are several large, medium and small scale vegetable farms all over Los Angeles – California and even in the same location where we intend locating ours, which is why we are following the due process of establishing a business.
We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be welled equipped to confront our threats.
Johnson Jael® Vegetable Farms, LLC employed the services of an expert HR and Business Analyst with bias in the commercial farming industry to help us conduct a thorough SWOT analysis and to help us create a Business model that will help us achieve our business goals and objectives.
Here is a summary from the result of the SWOT analysis that was conducted on behalf of Hankins Johnson Jael® Vegetable Farms, LLC;
Our strength as a vegetable farm company is in the fact that we have healthy relationships with loads of major players (agriculture merchants) in the agricultural industry; both suppliers and buyers within and outside of the United States.
We have some of the latest vegetable farming machines, tools and equipment that will help us cultivate crops (vegetables and fruits) in commercial quantities with less stress. Asides from our relationship (network) and equipment, we can confidently boast that we have some the most experienced hands in the vegetable cum greenhouse commercial farming line of business.
Our major weakness is that we are a new vegetable farm in the United States and it might take some time for our organization to break into the market and gain acceptance especially from international markets in the already saturated and highly competitive commercial farming industry. Another weakness is that we may not have the required cash to promote our business the way we would want to.
- Opportunities:
The opportunities that are available to us cannot be quantified; we know that everybody on planet earth eats different types of vegetables. So also changes in consumer preferences have led supermarkets and other retail outlets to demand fresh vegetables and fruits all year-round. We are ready to take advantage of any opportunity that is available in the industry.
Both the number of small local farms and the number of larger commercial farms have been growing. Increasing imports of fresh produce will slightly constrain demand for vegetables and fruits. Just like any other business, one of the major threats that we are likely to face is economic downturn.
It is a fact that economic downturn affects purchasing/spending power. Another threat that may likely confront us is the arrival of a new vegetable farm or commercial greenhouse farm in the same location where our target market exists and who may want to adopt the same business model like us.
7. MARKET ANALYSIS
- Market Trends
If you are conversant with rising technology and scientific development in the agriculture industry, you will quite agree that vegetable and fruits farming via greenhouse commercial farming model are at the front burner. Greenhouse commercial farming is rapidly gaining entrance in our world today.
Greenhouse farming gives room for greater control over the growing environment of various crops. Dependent upon the technicality and specification of a greenhouse design, some of the important factors which may be controlled include temperature, levels of light and shade, irrigation, fertilizer application, atmospheric humidity et al.
Basically, greenhouses are used to overcome shortcomings in the growing qualities of a piece of land such as a short growing season or poor light levels. In essence, they are designed to improve food production in marginal environments.
So also, if you are a close observer of the trends in the vegetable farming industry, you will agree that the vegetable farming industry is anticipated to increase due to increasing consumer health consciousness, which has led to increasing demand for fresh produce.
While per capita fruit and vegetable consumption has remained stable in recent time, the price of vegetables has increased as consumers demand premium, fresh vegetables.
So also, the number of both small and large farms has been increasing; small local farms are benefiting from the organic, local movement while large, commercial farms are improving labor efficiency. Going forward, players in the vegetable farming industry will continue to increase revenue generation for their business.
8. Our Target Market
Naturally, the end consumers of vegetable farm produce and those who benefit from the business value chain of the vegetable farm industry is all encompassing. Every household consumes produce from vegetable farms be it vegetables or fruits et al. In essence, a vegetable farmer should be able to sell his or her farm produce to as many people as possible.
We will ensure that we position our business to attract consumers of fresh vegetables and fruits not just in the United States of America alone but other parts of the world which is why we will be exporting some of our vegetables and fruits either in raw or processed form to other countries of the world.
Our competitive advantage
It is easier to find entrepreneurs flocking towards an industry that is known to generate consistent income which is why there are more commercial farmers in the United States of America and of course in most parts of the world.
For example, Statistics has it that there are 2.2 million farms in the United States of America, covering an area of 922 million acres. This goes to show that there is an appreciable number of farmers in the United States of America but that does not mean that there is stiff competition in the industry.
As a matter of fact, entrepreneurs are encouraged by the government to embrace commercial farming. This is so because part of the success of any nation is her ability to cultivate her own food and also export foods to other nations of the world.
Johnson Jael® Vegetable Farms, LLC is fully aware that there are competitions when it comes to selling vegetables and fruits all over the globe, which is why we decided to carry out thorough research so as to know how to take advantage of the available market in the United States and in other parts of the world.
We have done our homework and we have been able to highlight some factors that will give us competitive advantage in the marketplace; some of the factors are effective and reliable farming processes that can help us sell our produce at competitive prices, good network and excellent relationship management.
Our competitive advantage lies in the power of our team; our workforce. We have a team of hardworking and highly proficient farmers, a team with excellent qualifications and experience in various niche areas in the vegetable farming industry.
Aside from the synergy that exists in our carefully selected team members, we have some of the latest and efficient vegetable and greenhouse farm machines and equipment and we will be guided by best practices in the industry.
Another competitive advantage that we are bringing to the industry is the fact that we have designed our business in such a way that we will operate an all – round standard vegetable farm that will be involved in diverse areas such as vegetable and fruit cultivation, food processing and packaging plant. With this, we will be able to take advantage of all the available opportunities within the industry.
Lastly, all our employees will be well taken care of, and their welfare package will be among the best within our category in the industry. It will enable them to be more than willing to build the business with us, help deliver our set goals and achieve all our business aims and objectives.
9. SALES AND MARKETING STRATEGY
- Sources of Income
Johnson Jael® Vegetable Farms, LLC is in the vegetable farming business for the purpose of maximizing profits hence we have decided to explore all the available opportunities within the industry to achieve our corporate goals and objectives.
In essence we are not going to rely only on the sale of our farm produce to generate income for the business. Below are the sources we intend exploring to generate income for Johnson Jael® Vegetable Farms, LLC;
- Sale of crops such as; cucumbers, shallots, tomatoes, lettuce, chilis, capsicum, red salad onions and snow peas, chinese cabbage, lettuce, basil, roses, tomatoes, okra, cantaloupe and bell peppers, watercress, basil, coriander, parsley, lemongrass, sage, beans, peas, kohlrabi, taro, radishes, strawberries, melons, onions, turnips, parsnips, mushroom, carrot, melon, sweet potato, cauliflower, cabbage, broccoli, and eggplant as well as the choys that are used for stir fries
10. Sales Forecast
From the survey conducted, we were able to discover that the sales generated by a vegetable farm depend on the size of the farm and the nature of the vegetable farm.
We have perfected our sales and marketing strategies and we are quite optimistic that we will meet or even surpass our set sales target of generating enough income/profits from the first year of operation and build the business from survival to sustainability.
We have been able to critically examine the vegetable farming industry, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast.
- First Year-: $250,000
- Second Year-: $500,000
- Third Year-: $900,000
N.B : This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown that can impact negatively on household spending, bad weather cum natural disasters (draughts, epidemics), and unfavorable government policies . Please note that the above projection might be lower and at the same time it might be higher.
- Marketing Strategy and Sales Strategy
We are quite aware that the reason why some vegetable farms hardly make good profits is their inability to sell off their farm produce, especially perishable crops as at when due. In view of that, we decided to set up a standard food processing plant to help us
- Introduce our business by sending introductory letters alongside our brochure to stakeholders in the agriculture industry, companies that rely on the agriculture industry for their raw materials, supermarkets, grocery stores, hotels and restaurants and agriculture produce merchants et al.
- Advertise our business and agriculture produce in agro – allied and food related magazines and websites
- List our vegetable farms on yellow pages ads
- Attend related agriculture and food expos, seminars and business fairs et al
- Leverage on the internet to promote our business
- Engage in direct marketing
- Encourage the use of Word of mouth marketing (referrals)
11. Publicity and Advertising Strategy
Any business that wants to grow beyond the corner of the street or the city they are operating from must be ready and willing to utilize every available means (conventional and non – conventional means) to advertise and promote the business.
We intend growing our business which is why we have perfected plans to build our brand via every available means. Below are the platforms we can leverage on to boost our vegetable farm brand and to promote and advertise our business;
- Place adverts on both print (newspapers and magazines) and electronic media platforms
- Sponsor relevant community based events/programs
- Leverage on the internet and social media platforms like; Instagram, Facebook, twitter, YouTube, Google + et al to promote our business
- Install our BillBoards on strategic locations all around Los Angeles – California
- Engage in roadshows from time to time in targeted neighborhoods
- Distribute our fliers and handbills in target areas
- Contact corporate organizations and residents in our target areas by calling them up and informing them of Johnson Jael® Vegetable Farms, LLC and the farm produce we sell
- List our vegetable farms in local directories/yellow pages
- Advertise our vegetable farms in our official website and employ strategies that will help us pull traffic to the site.
- Ensure that all our staff members wear our branded shirts and all our vehicles and trucks are well branded with our company logo et al.
12. Our Pricing Strategy
If you want to get the right pricing for your farm produce, then you should ensure that you choose a good location for vegetable farm, choose a good breed/seed that will guarantee bountiful harvest, cut the cost of running your farm to the barest minimum and of course try as much as possible to attract buyers to your farm as against taking your farm produce to the market to source for buyers; with this, you would have successfully eliminate the cost of transporting the goods to the market and other logistics.
We are quite aware that one of the easiest means of penetrating the market and acquiring loads of customers for all our vegetables and fruits is to sell them at competitive prices hence we will do all we can to ensure that the prices of our farm produce are going to be what other commercial farmers would look towards beating.
One thing is certain, the nature of vegetable farming makes it possible for farmers to place prices for their farm produces based on their discretion without following the benchmark in the industry. The truth is that it is one of the means of avoiding running into a loss. The easier you sell off your harvest the better for your business.
- Payment Options
The payment policy adopted by Johnson Jael® Vegetable Farms, LLC is all inclusive because we are quite aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.
Here are the payment options that Johnson Jael® Vegetable Farms, LLC will make available to her clients;
- Payment via bank transfer
- Payment with cash
- Payment via online bank transfer
- Payment via check
- Payment via Point of Sale Machines (POS Machines)
- Payment via mobile money transfer
- Payment via bank draft
In view of the above, we have chosen banking platforms that will enable our clients make payment for farm produces without any stress on their part. Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfers.
13. Startup Expenditure (Budget)
When it comes to calculating the cost of starting a vegetable farm with a standard greenhouse farm, there are some key factors that should serve as a guide. The most important expenses is the construction of the greenhouse or hothouse as the case may be.
As a matter of fact, if you choose to start mechanized crop farming, then you should be willing to raise huge capital base to start the business. This is so because some cultivation machines/equipment can be pretty expensive. Below are some of the basic areas we will spend our start – up capital in setting up our vegetable farm;
- The total fee for incorporating the business in United States of America – $750
- The total cost for payment of insurance policy covers (general liability, workers’ compensation and property casualty) at a total premium – $9,400
- The amount needed to acquire/lease a farm land – $50,000
- The amount required for preparing the farm land – $70,000
- The cost for acquiring the required working tools and equipment/machines/fencing et al – $10,000
- The amount required for the purchase of the first set of vegetables and fruits seedlings et al – $50,000
- The amount required to set up a standard vegetable processing plant within the farm facility – $100,000
- Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $40,000
- The cost of launching an official website – $600
- The amount required for payment of workers for a period of 3 months – $100,000
- Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,000
Going by the report from detailed research and feasibility studies conducted, we will need an average of $500,000 to start a standard vegetable farm with a processing plant in the United States of America. Basically, vegetable farms do not require an office space, most people that run vegetable farms operate directly from their farms. But we have decided to open a small liaison office; a place where administrative jobs will be carried out.
Generating Funds/Startup Johnson Jael® Vegetable Farms, LLC
No matter how fantastic your business idea might be, if you don’t have the required money to finance the business, the business might not become a reality. Finance is a very important factor when it comes to starting a vegetable farm. No doubt raising startup capital for a business might not come cheap, but it is a task that an entrepreneur must go through.
Johnson Jael® Vegetable Farms, LLC is a family business that will be owned and managed by Johnson Jael and his immediate family members. They are the sole financiers of the firm but may likely welcome other partners later which is why they decided to restrict sourcing of start-up capital for the business to just three major sources.
- Generate part of the start – up capital from personal savings and sale of his stocks
- Generate part of the start – up capital from friends and other extended family members
- Generate a larger chunk of the startup capital from the bank (loan facility).
N.B: We have been able to generate about $100,000 ( Personal savings $80,000 and soft loan from family members $20,000 ) and we are at the final stages of obtaining a loan facility of $400,000 from our bank. All the papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.
14. Sustainability and Expansion Strategy
The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop.
One of our major goals of starting Johnson Jael® Vegetable Farms, LLC is to build a business that will survive off its own cash flow without injecting finance from external sources once the business is officially running.
We know that one of the ways of gaining approval and winning customers over is to sell our farm produce (vegetables and fruits) a little cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.
Johnson Jael® Vegetable Farms, LLC will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner of our business strategy.
As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more as determined by the board of the organization. We know that if this is put in place, we will be able to successfully hire and retain the best hands we can get in the industry and they will be more committed to help us build the business of our dreams.
Check List / Milestone
- Business Name Availability Check: Completed
- Business Incorporation: Completed
- Opening of Corporate Bank Accounts in various banks in the United States: Completed
- Opening Online Payment Platforms: Completed
- Application and Obtaining Tax Payer’s ID: In Progress
- Application for business license and permit: Completed
- Purchase of All form of Insurance for the Business: Completed
- Leasing of farm land in Los Angeles – California (preparing the farm land inclusive): Completed
- Conducting Feasibility Studies: Completed
- Start – up Capital generation: Completed
- Writing of Business Plan : Completed
- Drafting of Employee’s Handbook: Completed
- Design of The Company’s Logo: Completed
- Graphic Designs and Printing of Packaging, Marketing/Promotional Materials: Completed
- Recruitment of employees: In Progress
- Building /construction of greenhouse and hothouse facility: In Progress
- Purchase of the needed working tools, machines and equipment: Completed
- Creating Official Website for the Company: In Progress
- Creating Awareness for the business (Business PR): In Progress
- Farm land Treatment, Health and Safety Arrangement: In Progress
- Establishing business relationship with key players in the industry (agriculture farm produce merchants, transporters/haulage and suppliers of seeds, fertilizers, pesticides and insecticides): Completed
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Business Plan Template for Vegetable Farming
- Great for beginners
- Ready-to-use, fully customizable Subcategory
- Get started in seconds
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Starting or expanding a vegetable farming business requires careful planning and strategic thinking. To attract investors, secure loans, and effectively manage your operations, you need a well-crafted business plan. That's where ClickUp's Business Plan Template for Vegetable Farming comes in!
This comprehensive template is specifically designed for aspiring vegetable farmers and existing farms looking to expand. With ClickUp's Business Plan Template, you'll be able to:
- Outline your goals, strategies, and financial projections with ease
- Develop a solid operational plan to ensure smooth day-to-day farming activities
- Showcase your expertise and knowledge to potential investors and lenders
Whether you're just starting out or seeking funding for growth, ClickUp's Business Plan Template for Vegetable Farming will help you cultivate success. Start planning your farm's future today!
Business Plan Template for Vegetable Farming Benefits
A business plan template for vegetable farming can provide numerous benefits to both startup and existing vegetable farms. Some of these benefits include:
- Providing a clear roadmap for achieving business goals and objectives
- Helping to secure funding and attract investors by showcasing the viability and profitability of the vegetable farming operation
- Assisting in effective financial planning and budgeting to ensure the farm's financial sustainability
- Outlining strategies for marketing, sales, and distribution to maximize the reach and profitability of the farm's produce
- Enhancing operational efficiency by detailing the farm's production processes, equipment needs, and labor requirements
- Enabling better risk management and contingency planning for potential challenges or market fluctuations
- Facilitating effective management and decision-making by providing a comprehensive overview of the farm's operations and strategies.
Main Elements of Vegetable Farming Business Plan Template
ClickUp's Business Plan Template for Vegetable Farming is the perfect tool to help you create a comprehensive and organized plan for your vegetable farm. Here are the main elements of this template:
- Custom Statuses: Use statuses like Complete, In Progress, Needs Revision, and To Do to keep track of the progress of different sections of your business plan.
- Custom Fields: Utilize custom fields such as Reference, Approved, and Section to add important details and categorize different aspects of your business plan.
- Custom Views: Access different views like Topics, Status, Timeline, Business Plan, and Getting Started Guide to visualize your business plan from various angles, ensuring a well-rounded and detailed strategy.
- Financial Projections: Utilize ClickUp's Table view to create and analyze financial projections, allowing you to make informed decisions for your vegetable farming business.
- Collaboration: With features like Comments and Assignment, you can easily collaborate with your team and stakeholders, keeping everyone on the same page throughout the planning process.
How To Use Business Plan Template for Vegetable Farming
If you're looking to start a vegetable farming business, using a business plan template can help you stay organized and set clear goals. Follow these six steps to make the most of the Business Plan Template for Vegetable Farming in ClickUp:
1. Define your vision and mission
Start by clearly defining your vision and mission for your vegetable farming business. What do you hope to achieve with your farm? What values and principles will guide your operations? Having a clear vision and mission will help you make decisions and set goals that align with your overall purpose.
Use the Docs feature in ClickUp to create a document where you can articulate your vision and mission.
2. Identify your target market
Next, identify your target market for your vegetable farming business. Who are your ideal customers? Are you targeting local consumers, restaurants, or grocery stores? Understanding your target market will help you tailor your products and marketing strategies to meet their needs and preferences.
Create tasks in ClickUp to research and analyze your target market, including demographics, buying habits, and preferences.
3. Plan your production process
Now it's time to plan your production process. Determine what vegetables you will grow, the quantity you aim to produce, and the timeline for planting, cultivating, and harvesting. Consider factors such as crop rotation, irrigation methods, and pest control strategies.
Use custom fields in ClickUp to track important details about each crop, such as planting dates, expected yield, and cultivation techniques.
4. Develop a marketing strategy
A successful vegetable farming business requires an effective marketing strategy. Determine how you will promote and sell your produce to your target market. Will you participate in farmers' markets, establish partnerships with local restaurants, or sell directly to consumers through an online platform?
Use the Calendar view in ClickUp to plan and schedule your marketing activities, such as attending events or launching promotional campaigns.
5. Create a financial plan
A solid financial plan is crucial for the success of your vegetable farming business. Calculate your startup costs, ongoing expenses, and projected revenue. Consider factors such as land acquisition or lease, equipment, labor, and marketing expenses. Set realistic financial goals and determine how you will fund your operations.
Use the Dashboards feature in ClickUp to track and analyze your financial data, such as revenue, expenses, and profitability.
6. Monitor, evaluate, and adjust
Once your business plan is in place, it's important to regularly monitor and evaluate your progress. Keep track of key performance indicators (KPIs) such as sales, customer satisfaction, and production efficiency. Use this data to identify areas for improvement and make necessary adjustments to your business plan.
Set up Automations in ClickUp to receive notifications and reminders for important tasks and milestones, ensuring that you stay on track with your business plan.
By following these steps and utilizing the Business Plan Template for Vegetable Farming, you'll be well-prepared to start and grow a successful vegetable farming business.
Get Started with ClickUp’s Business Plan Template for Vegetable Farming
Startup vegetable farming businesses or existing vegetable farms looking to expand or seek funding can use the ClickUp Business Plan Template for Vegetable Farming to create a comprehensive and organized business plan.
First, hit "Add Template" to sign up for ClickUp and add the template to your Workspace. Make sure you designate which Space or location in your Workspace you’d like this template applied.
Next, invite relevant members or guests to your Workspace to start collaborating.
Now you can take advantage of the full potential of this template to create a successful business plan for your vegetable farm:
- Use the Topics View to outline and categorize different sections of your business plan, such as Executive Summary, Market Analysis, Financial Projections, and Operations.
- The Status View will help you track the progress of each section, with statuses like Complete, In Progress, Needs Revision, and To Do.
- Utilize the Timeline View to set deadlines and milestones for completing different sections of your business plan.
- The Business Plan View provides a comprehensive overview of your entire plan, allowing you to easily navigate and review all sections.
- Create a Getting Started Guide View to provide step-by-step instructions for team members on how to use the template and collaborate effectively.
- Use custom fields like Reference, Approved, and Section to add additional information and categorize different elements of your business plan.
- Update statuses and custom fields as you progress through each section to keep stakeholders informed of progress.
- Monitor and analyze your business plan to ensure it aligns with your goals and effectively communicates your vision to potential investors and lenders.
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How To Start A Lucrative Farming Business In Philippines
In the Philippines today, farming is one of the important aspects of the economy, it is known to contribute over 14% of the total nation’s Gdp.
So to get started with profitable farming in the Philippines, you need to acquire farmland, embark on both livestock farming and crop cultivation, and market your products outside the coast of the country.
So in this guide, we will be giving information on how you can venture into profitable agriculture in the Philippines and all you need to know.
How To Start A Lucrative Farming In the Philippines Step By Step Guide
Table of Contents
Step 1: Identify the size and type of farming you want to start
Crop farming and animal husbandry are two of the most common agricultural activities, although there are many other options available.
Read Also: How To Start Farming Business In Nigeria [PDF Guide]
Step 2: Go for training
In the event that you need assistance in a particular area, please let us know in the comments section. Experts in farming can help you choose the best techniques for any region you’ve selected.
Step 3: buy your farmland
Anywhere from one acre to many acres may be needed for your project.
Step 4: Deforest the Land
After clearing, burn the brush to get rid of unwanted shrubs and weeds, which will make farming more efficient and less time-consuming on the farm.
Step 5: Start making heaps/ridges
Step 6: start planting your desired crops.
During this period, you can begin planting your desired crops. Make sure you buy the greatest possible strain of the crop you intend to grow. ” If you need any seed, feel free to ask in the comments area.
Profitable Farming To Start In the Philippines
Tomato farming:, palm farming:.
You can venture into the growing and processing of palm fruits. Palm fruits are grown for their seed which is in turn processed into red oil which is in high demand. The beauty of this plant is that it can grow on any soil type.
Goat Farming:
Poultry farming:.
The demand for pork meat and its derivatives are in high demand, Philippines farmers can leverage this and start raising pigs for exportation.
Cattle Ranching:
Major problems of agriculture/farming in the philippines, low diversification:, lack of access to funds:.
Most farmers who are ready to farm in the Philippines lack access to capital to venture into it, or have a fund that is not sufficient for running and setting up a proper farm.
Lack of Agricultural input:
Low literacy level:, the solution to problems of agriculture/farming in the philippines, farmers should learn to grow other plants:.
Farmers should learn to diversify into the growth of plants that are in high demand such as cocoa, palm, rubber, cashew nut, and maize. Doing this will expand their capacity for international sales which will increase the country’s GDP and accelerate farmers’ standard of living.
Government Should Make loan Accessible to farmers:
Agricultural awareness program:, what are the most profitable crops in the philippines.
According to statistics pineapple and tomatoes are the most profitable and lucrative crops in the Philippines.
Is farming in the Philippines profitable?
What is the most profitable crop in the philippines in 2024, how much do filipino farmers earn.
Averagely farmers earn P331.10 in a day.
Why farmers are poor in the Philippines?
Is buying a farm a good investment philippines, what is the biggest problem in agriculture in the philippines.
The biggest agricultural problem in the Philippines is the lack of diversification. Farmers in the Philippines lack the ability to diversify into growing crops and livestock that are in high demand even in the neighboring countries. Famers limit their farming scope to the traditional rice, coconut, corn, and others that are locally consumed.
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Sample Vegetable Farming Business Plan Template PDF
Commercial vegetable farming business plan sample.
Do you have the interest to start a vegetable farm in your community? Vegetables are consumed by so many people daily because of their nutritious value.
Because of this, vegetable farming is one very lucrative agricultural business that any wise entrepreneur should consider venturing into.
If you have not considered the thought of starting a dry season vegetable farming business before, in this post I will be sharing with you how to start a vegetable farm business and become successful in it.
Need to write a plan for your venture? Download a FREE Business Plan PDF Sample to develop a template for your own startup.
To bring clarity to this discussion, I want to first share with you what a vegetable farm is.
What Is a Vegetable Farm?
A vegetable farm is a type of farm or land where vegetables are cultivated for the consumption of man, either for commercial or private use.
Back then, vegetable cultivation by man was not as easy as it is now. Farmers had to go through manual labor to grow their vegetables.
But as time went on, Animals were used to reduce the hard work of these vegetable cultivators e.g. using those animals to plow the farm for cultivation.
Now, farming processes are fast with the introduction of mechanized equipment, and the usefulness of those animals has reduced greatly.
Types of Commercially Consumable Vegetables
There are lots and lots of vegetables worldwide, if I should start mentioning them one by one, I don’t think this post will have an end. And again, not all of these vegetables are recognized and widely consumed, so starting a farm with such vegetables may not be profitable.
So, with that said, let us check out some of the vegetables known and highly demanded in any market:
I am starting with tomato because it is one of the most consumable vegetables.
Cultivating Tomatoes can be very amazing and profitable, as it requires just 8 hours of sunlight with warm clear weather. And did I forget to say that it is harvested for 3-4 months? Making it awesome for cultivation.
Fluted Pumpkin
This is another most consumed vegetable in any community as it is used to prepare lots of dishes.
Fluted pumpkin is highly valued because of its high nutrient contents when cooked, and also good in blood volume increase when taken raw.
This vegetable is easier to cultivate no matter where you reside because of its tolerance to drought, and also performs well even on poor soils.
This type of vegetable is often consumed raw.
It is also used by cosmetic companies to combat skin problems because it has the same level of hydrogen content as the human skin. So the high demand for cucumber by these cosmetic companies makes cultivating it profitable.
Cultivation of cucumbers should be in rich soil with enough organic matter and steady sunlight.
Watermelons are also regarded as fruits that are consumed by people very well.
Watermelons should be cultivated on warm soil to enhance the growth of the seeds. And watermelons do not take a long time to be harvested, it takes just 3 months to be harvested.
You can’t start a vegetable farm without thinking of planting cabbage on your farm.
Yes! Cabbage is a popular vegetable used in the preparation of Salads, and that makes it popular. People also use it in various ways, some like taking it raw, while others love adding it to dishes, etc.
The only downside about this vegetable is that it is expensive compared to other vegetables. This is because more effort is required to cultivate it. Cabbage performs well in cold climates, is well-drained, and on fertile soil.
Okra is an edible green-pod vegetable with high nutrient content. It contains vitamin A, vitamin K, vitamin C, and vitamin B complex.
In as much as it could be grown on any kind of soil, it does not do well in tight, water-logged soils.
After going through that list above, you may start thinking of how to kick-start your own vegetable farm. But before starting your own vegetable farm, there are some factors you need to consider.
Vegetable Market Development
We all know that vegetables are perishable crops, so after knowing that these vegetables are perishable crops, you need to plan on how to avoid losing them by identifying where you will market this vegetable before there are finally ready for the market.
Site Location
Considering the site location of the farm includes knowing the topography of the soil you intend to use, the soil type, and also find out the availability of water because these vegetables need water to help them grow well.
And also find out how close your farm is to the market.
Disease/Pest Control
As it is known, vegetables are always attacked by pests and seasonal diseases. So, you need to put things in place on how you are going to combat any disease or pest when it comes.
Startup Capital for a Vegetable Farm
You can’t start a vegetable farm without capital. You may want to ask how much it will cost you to start your vegetable farm.
The fact is, there is no written rule as to how much you need to start up a vegetable production business as this greatly depends on how large you want your vegetable farm to be.
Cultivating 1-2 hectares of land varies in cost depending on the location, and also the type of vegetable intended for cultivation. And that should include seedlings, manure, labor, and pesticides.
Here is a sample business plan for starting a vegetable farm.
VEGETABLE FARMING BUSINESS PLAN EXAMPLE
There are several aspects of agriculture that range from crop farming to livestock farming. Each of these requires systematic methods and planning to achieve desired results.
Proper planning is an indispensable requirement of doing business that must not be overlooked, as doing so will be to your own peril. We will focus on an important aspect of agriculture which is crop production with a special focus on the vegetable farming business plan.
As an economic activity, there is a need for proper coordination of all aspects of crop production.
Without the necessary planning, such a venture will hit the rocks, resulting in huge losses of resources as well as time. Let’s get to the details of the vegetable farming business plan, shall we?
Executive Summary
Anyone taking going through your business plan should be able to have a general understanding of your vegetable farming business without having to go through the entire document.
Your executive summary section provides a highly summarized picture of your plan.
Investors, as well as money lenders, are most interested in this section of your business plan. If it is compelling enough, they will like to get into the details to find further information.
If you must attract the attention of your readers, then you need to be very specific as well as concise in your presentations.
It is necessary to give details on the use of funds as lenders will be very interested in knowing the specifics of what the funds will be spent on.
Here, there should also be a clear definition of the loan repayment process as anyone investing in a business will need to know how his/her money will be recouped.
By doing this, you are clearly demonstrating to the investor your capacity to repay any loans as well as interests. The executive summary section is where you pitch your business to investors.
Therefore you need to do a good job here as will also have a telling effect on the general plan.
The Legal Structure
Starting a vegetable farming business requires you to choose the legal structure that best suits your business. Different types of business structures exist to meet specific needs.
Therefore, you should carefully consider your preferred structure, some of which include Sole Proprietorships, Partnerships, Limited Liability Partnerships LLP, Limited Liability Companies LLC, and many more.
After selecting your preferred business structure, you should be able to explain clearly why you chose that particular structure as well as how best it suits your business needs.
After making your choice of a suitable legal structure, all supporting documents should be included in the supporting documents section.
For partnerships, it is necessary to create an exit provision as well as another for business dissolution if the need arises. This helps in significantly reducing unnecessary conflicts that may arise. There should also be provisions for changing the legal structure of the business whenever the need arises in the future.
If you plan on changing the structure of your business at any point in the future, you should clearly state why such change is necessary as well as also providing the timeline when such a change will come into effect.
Business Description
This is where anyone reading your business plan will get to have a clear picture of your services and products.
Here, you will need to also clearly highlight your business assets, inventory, value as well as marketability, and turnover. You need to also provide information on industry trends as well as how your products will be beneficial to the consumer or customers.
There should be some form of projection under this section of where your business should be after some years.
Your Business Location
Where you locate your farm business is important to how your products (in this case vegetable) and other services which may be provided by you will be distributed. This is largely determined by your target market.
Because this is a food crop that is consumed by almost every family, your target market will be very wide. You will need to state the reasons for selecting such a location as well as how it helps/contributes to the growth of your business.
Marketing is very crucial to the success of your vegetable farming business.
Your marketing plan should be such that clearly identifies your target market, as well as providing clear-cut strategies of distributing your agro-products to these targeted customers in the most effective and efficient ways possible.
You need to be clear about the size of your target market as well as how effective your strategies will be towards attracting increased patronage from clients.
Carefully developing a sound marketing plan will go a long way in setting up your business for success.
Your methods of advertising, as well as the pricing of your products, are important considerations to make when writing your business plan. Pricing requires knowing customer behavior which you can use to your advantage in arriving at a fair price where a win-win situation is achieved.
Financial Documentation
Here, a business plan requires sound financial planning.
Important sections that must be included here include a summary of all financial needs such as applying for loans, the budget or cash flow, break-even analysis, a three-year growth projection, as well as actual performance statements among others.
These are very vital towards obtaining loans for your vegetable farming business.
These are some of the requirements for writing your vegetable farming business plan. Without these sections, your business plan is incomplete and will hardly make any meaningful impact at all.
When writing your plan, you should not rush the process as it needs every aspect of the business to be carefully researched if the business is to make a meaningful impact.
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How To Write a Business Plan for Vegetable Farming in 9 Steps: Checklist
By henry sheykin, vegetables farming bundle.
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Are you thinking about starting a vegetable farm? With the increasing demand for locally-sourced, organic produce, the vegetable farming industry has shown steady growth in recent years, with a 5.4% increase from 2015 to 2019.
However, starting a successful vegetable farm requires careful planning and preparation. In this article, we will provide a checklist of 9 essential steps to help you write a successful business plan for your own vegetable farming venture.
By following these steps, you can ensure that your farm is sustainable, efficient, and profitable, while also providing high-quality, healthy produce to your local community. So let's get started!
Research The Market Demand For Vegetables In The Local Area
Before starting a vegetable farming business, it’s important to understand the demand for vegetables in your local area. This research will help you determine the types of vegetables that are in high demand and the best time of year to grow them. The following are important factors to consider when researching the local market demand for vegetables:
- Identify the target market: Conduct research on the types of customers in your area that are most likely to purchase vegetables from a local farm. This may include local restaurants, grocery stores, or individuals who are health-conscious or environmentally conscious.
- Assess the competition: Research other vegetable farms in the area to determine what types of vegetables they are growing and when they are available. This will help you identify gaps in the market or areas where you can differentiate yourself from your competition.
- Analyze trends: Stay up-to-date on food and farming trends in your area, such as an increased focus on organic or sustainably-grown vegetables.
- Understand the seasonality: Determine the best times of the year to grow and sell specific types of vegetables in your local area. This will help you plan crop rotations and ensure that you are providing vegetables when there is high demand.
- Connect with local farmers' markets or community-supported agriculture programs (CSAs) to gauge the interest in locally-sourced vegetables.
- Consider conducting surveys or focus groups with potential customers to gain a deeper understanding of their needs and preferences.
- Use social media and online tools to track conversations and posts related to local food and farming trends.
By thoroughly researching the local market demand for vegetables, you can ensure that your business is well-positioned to meet the needs of your customers, differentiate yourself from your competition, and ultimately succeed in the vegetable farming industry.
| Vegetables Farming Financial Model Get Template |
Determine The Specific Type Of Vegetables To Be Grown And The Appropriate Season For Each.
After researching the local market demand for vegetables, the next step in starting a vegetable farm is to determine which specific types of vegetables to grow and the appropriate season for each. This is an essential step in creating a business plan and ensuring the success of the farm.
1. Research the demand for specific vegetables. One of the most important factors to consider when choosing which vegetables to grow is whether there is a high demand for them in the local area. Talk to local chefs, restaurateurs, and grocery store owners to get a better idea of what types of vegetables are currently in demand.
2. Consider the climate and soil conditions. Some vegetables grow better in certain types of soil and thrive in specific climates. Research which vegetables will grow well in the local climate and soil conditions to ensure a successful harvest.
3. Determine the appropriate season for each vegetable. Each vegetable has an ideal season for planting and harvesting. Research the planting and harvesting seasons for each vegetable to ensure that the farm produces the highest quality and quantity of each crop.
- Consider planting a variety of vegetables to appeal to a wider customer base.
- Research the nutritional value of each vegetable to educate customers and boost sales.
- Consider partnering with local chefs or restaurants to create a demand for specific vegetables.
By determining the specific type of vegetables to be grown and the appropriate season for each, vegetable farmers can ensure a successful harvest and increased profitability. Doing thorough research and considering the local market demand, climate, soil conditions and the appropriate season for each vegetable can help farmers create a strong business plan and grow their business sustainably.
Identify The Necessary Equipment, Supplies, And Labor Needed To Manage The Farm Effectively.
Starting a vegetable farm will require a variety of equipment, tools, supplies, and labor to manage the operation successfully. Here are some of the essential items and personnel that you will need:
- Tractors and implements: Tractors and implements such as plows, harrows, and cultivators are essential for planting and cultivating the crops. You may also need a mower or a hay baler for cutting hay or straw for mulching or animal feed.
- Hand tools: Hand tools such as hoes, shovels, trowels, and pruners are needed for manual farming tasks such as weeding, planting, pruning, and harvesting.
- Irrigation system: You will need an irrigation system that uses drip or sprinkler technology to water the crops efficiently.
- Greenhouse or cold frames: A greenhouse or cold frames will enable you to extend the growing season and protect the crops from adverse weather conditions, pests, and diseases.
- Farm vehicles: You may need a pickup truck or a van for transporting the crops and supplies to the market or the distributor.
- Fertilizers and pesticides: Organic fertilizers and pesticides are essential for maintaining soil fertility and crop health. You may also need natural predators such as ladybugs or bees to control pest populations.
Labor: The size of your farm will determine how many workers you need and what tasks they perform. You may need:
- Farm manager: A farm manager is responsible for overseeing the daily operations of the farm, managing the workers, and coordinating with the distributor, customer, and regulatory agencies.
- Farm laborers: Farm laborers are responsible for manual tasks such as planting, weeding, harvesting, and packing.
- Specialists: You may also need specialists such as agronomists, soil scientists, pathologists, or entomologists for consultation, research, and advice.
- Interns: Interns or apprentices may be available for training and assistance under academic or vocational programs.
Identifying the necessary equipment, supplies, and labor for your vegetable farm is crucial for estimating the startup costs and creating a budget for the operation. You can research suppliers, brands, and prices online or in person, and evaluate them based on quality, durability, and affordability. You can also plan for the storage, maintenance, and insurance of your assets to ensure their longevity and efficiency.
Assess The Availability And Quality Of Water Sources In The Area.
Water is a crucial resource for Vegetable farming, and assessing its availability and quality in the area is paramount to successful operations. Before venturing into vegetable farming, it is important to: assess the availability of water in the area and ensure that there is an adequate supply to meet the farm's needs throughout the growing season. This should be backed by checking for the irrigational methods available in the area.
Tips to assess water availability:
Consult with local water boards or agricultural extension agencies to investigate the availability of water sources and the existing laws regulating their usage.
Check historical weather patterns, including rainfall and droughts, to gauge the reliability of water sources in the area. It’s important to have back-up sources in case of an unpredictable season.
Consider your options for water storage and retention, including wells, rainwater harvesting, and other methods.
Water quality is another critical factor that every farmer should take into account. It is not only important for the crops but also for the health and safety of consumers. It is, therefore, essential to assess the quality of the water sources in the area. Perform tests to check for impurities and contaminants such as heavy metal residues, nitrates, and pesticides, which may affect crop yield and compromise food safety.
Tips to assess water quality:
Take water samples and have them analyzed by an accredited laboratory to identify any potential contamination.
Monitor the quality of the water sources regularly, especially during the growing season.
Implement appropriate water management practices to minimize the risk of contamination, such as ensuring the use of safe irrigation methods.
Assessing the availability and quality of water sources in an area may be a lengthy and rigorous process, but it is a crucial undertaking. It guarantees a smooth operation of the vegetable farm and ensures fresh, healthy and safe produce for the local market.
Check The Soil Quality And Suitability For Growing The Chosen Vegetables.
Soil quality is one of the most critical factors to consider when starting a vegetable farm. The quality of soil can determine the success of your farm, as well as the health of your plants and vegetables. In order to determine the suitability of the soil for growing your chosen vegetables, there are several factors to consider.
- Before starting, ensure that you understand the nutritional requirements of your chosen vegetables and the specific soil conditions that are necessary for growth.
- Keep in mind that soil nutrient levels can vary depending on the location and previous use of the land, so it may be necessary to test the soil before planting.
- Consider the texture of the soil, as well as the level of compaction, drainage, and permeability to water and air.
The texture of the soil refers to the size and distribution of the soil particles, and can impact drainage and nutrient retention. Sandy soils are well-drained but tend to retain less nutrients, while clay soils are nutrient-rich but can be poorly drained. Loamy soils, which are a balance of sand, silt, and clay, are considered the ideal growing medium for most vegetables.
At the same time, the level of compaction in the soil can affect root growth and water uptake. Highly compacted soils can lead to poor root development, which can compromise the overall health and yield of your vegetables. Similarly, soils that have poor drainage or are susceptible to waterlogging can impede the growth of your crops, leading to reduced yield and poor quality.
The pH level of the soil is another important factor to account for, as it can influence the nutrient uptake and overall health of plants. Ideally, the pH level of soil should be between 6 and 7.5, but this can vary based on the specific requirements of your chosen vegetables.
When checking the soil quality, it is also important to assess its suitability for organic farming. Organic farming requires soil that is free of synthetic fertilizers, pesticides, and herbicides, and has good microbial activity. If the soil has been previously used for conventional farming practices, you may need to take steps to restore its natural properties and promote microbial activity.
Overall, checking the soil quality and suitability is critical to the success of your vegetable farm. By assessing the texture, drainage, compaction, pH level, and suitability for organic farming, you can ensure that your soil is well-prepared for planting and that your vegetables have the best possible chance of thriving.
Evaluate The Climate And Weather Patterns In The Local Area And How They May Impact The Farm.
Climate and weather patterns have a significant impact on vegetable farming. Knowing the climate of the local area is crucial to ensure that the crops will thrive, and yield will be optimal. Evaluating the weather patterns helps plan crop cycles and take precautions for potential adverse weather conditions.
Getting Information on the Climate and Weather Patterns: By collecting data on the climate and weather patterns in the local area, farmers can determine if it is suitable for certain crops. This can be done by consulting with the local weather station, agricultural offices, and even fellow farmers in the area.
- Use the data from local sources for accurate climatic information, as weather can vary within short distances.
- Consider factors like temperature, light, humidity, precipitation, and wind patterns.
- Use a spreadsheet or a farming app to keep track of weather patterns to analyze how it can affect crop growth.
Impact of Climate and Weather Patterns: Understanding the local climate and weather patterns can help farmers plan with the appropriate crops for each season. Warmer climates, for example, may be suitable for fast-growing crops like tomatoes and peppers, while cooler climates, with less sunlight, is more ideal for leafy greens.
Additionally, it is essential to consider the potential risks of extreme weather conditions like frost, drought, heavy rain, flooding, or storms. In such situations, farmers must take preventive measures, like investing in climate-control equipment and structure, seeding crops that are drought-resistant, crop rotation, or adjusting plant varieties.
- Plan crop rotations and planting cycles to predict weather patterns and ensure crops will mature before harmful weather conditions.
- Install weather tracking systems and alerts to get real-time notifications for impending weather conditions.
- Consider investing in climate-controlled systems like greenhouses, hydroponics, and drip irrigation systems for consistent and quality yields.
Conclusion: A farmer seeking to cultivate quality produce must evaluate the climate and weather patterns of a local area before starting a vegetable farm. By collecting and analyzing data on the local climate and weather patterns, the farmer can select the right type of crops and invest in crop cycles and preventive measures to avoid potential weather risks.
Research The Federal And State Regulations And Permits Required For Vegetable Farming
Before starting a vegetable farm, it is imperative to be aware of the federal and state regulations and permits required for vegetable farming. These regulations are in place to ensure that farmers follow the guidelines for producing high-quality and safe food for the consumers.
The regulations and permits for vegetable farming vary by state, so it is essential to research and comply with the regulations in the area where the farm is located. The following are some of the regulations and permits to consider:
- The USDA's National Organic Program (NOP) certification: This certification is required to use the organic label on products. Farmers must comply with the NOP standards to be eligible for certification.
- The Food Safety Modernization Act (FSMA): The FSMA regulates the growing, harvesting, packing, and holding of fruits and vegetables. It is essential to be aware of these regulations to ensure the safety of the product.
- The Environmental Protection Agency (EPA): The EPA regulates the application of pesticides, herbicides, and fungicides. Farmers must use these products according to the guidelines to avoid potential health hazards.
- The Occupational Safety and Health Administration (OSHA): The OSHA regulates the safety of the workers on the farm. It is crucial to provide appropriate safety equipment and training to the workers to avoid any accidents.
- The Department of Agriculture: The department may require permits for water usage, permits for land use, and other permits depending on the state's regulations.
- Attend workshops and seminars to stay up-to-date with the changing regulations.
- Consult with a legal advisor to ensure compliance with regulations and permits.
- Keep accurate records of the farm operations to ensure compliance with regulations.
Not complying with regulations may result in fines, penalties, and damage to the farm's reputation. Therefore, it is essential to be aware of the regulations and permits required for vegetable farming. Complying with these regulations assures consumers of the safety and quality of the products and increases the farm's credibility.
Estimate The Startup Costs And Create A Budget For The Operation.
The first step in starting a vegetable farm is to determine the estimated startup costs and create a budget for the operation. This is crucial to understand the financial requirements of the business and to prepare for potential obstacles that may arise in the future.
Here are some tips to get started:
- Consider all the costs that will be involved in the operation, including land, equipment, seeds, irrigation systems, labor, insurance, and marketing.
- Use tools like farm budget calculators to estimate expenses and determine how much funding you need to acquire before starting the farm.
- Find out if there are any grants or loans available for starting a small business or a farm. The USDA or your local bank may be able to help you with financing.
- Consult with other farmers in the area to get an idea of how much it will cost to run a vegetable farm. You can also join a farmer’s association to get more insight into industry standards and best practices.
Once you have a better understanding of the start-up costs, you can create a budget for the operation. It should include every expense category that you determined in the previous step.
Make sure to allocate funds for unexpected expenses and emergencies . It is important to have a buffer in place to cover any unforeseen costs that may arise, such as equipment breakdowns or natural disasters.
You should also consider your cash flow requirements and how you will finance the operation until it becomes profitable. You may need to secure a loan or line of credit to keep the business running until it starts generating revenue.
Finally, regularly review and update your budget to stay on track and avoid overspending. Keeping track of your expenses and income will help you manage your finances effectively and identify areas for improvement.
Estimating the startup costs and creating a budget for the operation may seem intimidating. However, it is a necessary step in starting a successful vegetable farm. By following these tips, you can better understand the financial requirements and develop a sustainable plan for the future.
Determine The Potential Sources Of Funding Or Financing For The Farm.
Starting an organic vegetable farm requires significant capital investment. Therefore, you must figure out various ways to finance your business idea. Here are some potential sources of funding or financing for your farm:
- Personal savings: The most straightforward approach to financing is to use your own funds. This method eliminates the need for external financing and the associated interest payments. Your personal savings can provide a solid financial foundation for the farm and help you demonstrate to potential investors that you are committed to your venture.
- Friends and family: Another option is to seek financial support from friends and family. This approach can provide you with a more flexible repayment plan than traditional loans. However, to avoid conflicts in personal relationships, ensure that such an arrangement follows established guidelines, including signed contracts and repayment schedules.
- Traditional business loans: Lending institutions offer various business loans to entrepreneurs. However, applying for a business loan requires adequate collateral and a good credit history, which can be challenging for startup companies. Traditional business loans can also come with high interest rates and strict repayment schedules.
- Grants: Grants are an excellent option for startup companies committed to sustainable and environmentally conscientious farming practices. Many non-profit organizations and government agencies offer grants to support sustainable agricultural development.
- Crowdfunding: Crowdfunding platforms have become an increasingly popular way for startups to raise capital. Crowdfunding allows entrepreneurs to solicit contributions from small donors interested in supporting their projects. Crowdfunding offers flexibility since it does not require a personal credit history or significant collateral.
- Investor financing: Finding investors willing to finance your farm is another possibility. In exchange for funding, investors will demand partial ownership of the company and expect a share of the farm's profits. To find investors, consult with trade groups, venture capitalists, or private investors. However, investors will likely require substantial research, planning, and an impressive business plan.
- When exploring financing options, consider seeking advice from financial advisors or attorneys to ensure you make informed decisions.
- Be prepared to articulate the farm's unique selling proposition and demonstrate its potential profitability when seeking funding.
- When establishing an equity relationship with investors, consider the long-term implications of sharing decision-making authority.
- Create a comprehensive business plan to present to potential investors or lenders. A solid business plan should include income and expense projections, market research, funding needs, and an overall business strategy.
In conclusion, start by exploring funding options and understanding each lender or investor's terms and conditions. Choose the most suitable financing or funding source and recognize that your farm's financial stability is an ongoing effort. Managing your cash flow and staying on top of payments can help ensure long-term success.
Starting a vegetable farm requires proper planning and research. By following the checklist of 9 steps, you can create a comprehensive business plan that will help you succeed in the competitive industry of vegetable farming. Remember to prioritize sustainability, quality, and customer service, and educate your local community about the benefits of locally-sourced, organic produce.
- Research market demand
- Determine types of vegetables and appropriate season
- Identify necessary equipment, supplies, and labor
- Assess water sources and soil quality
- Evaluate climate and weather patterns
- Research regulations and permits
- Estimate startup costs and create a budget
- Determine potential funding sources
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22 Profitable Agribusinesses in the Philippines
- Posted by: First Standard
- Last Updated: December 2, 2021
![22 Profitable Agribusiness Here are 22 of the most profitable agricultural business ideas in the Philippines. Get financing from First Standard.](https://www.firststandard.ph/wp-content/uploads/elementor/thumbs/22-Profitable-Agribusiness-q7hpjrxybqgjsdh5c9rdrc6wnpu2wpqt4evfs0so30.png)
As the economy slowly opens up, we see a strong year for many agribusinesses in the Philippines this 2022.
Whether you have an established business or just starting, it pays to look at the trends to explore how you can improve productivity and increase profits.
Here are 22 profitable agricultural businesses this coming year (in no particular order):
FRUITS & VEGETABLES
![22 Profitable Agribusinesses In The Philippines 1 22 Profitable Agribusinesses In The Philippines - First Standard](https://www.firststandard.ph/wp-content/uploads/2021/12/5.png)
With the pandemic, Filipino consumers are making healthier choices and are actively adding more fruits and vegetables into their diet. Demand for fresh produce is foreseen to increase in the next 10 years .
1. Sugarcane (Tubo) – Profits can be seen mostly from the by-product of sugarcane (confectionary, rum, ethanol, building materials, and fuel).
2. Bananas – Bananas are the top-grossing fruit produce as of Q3 of 2021. Projections are positive in the next several years. These crops are easy to maintain and the period from planting to harvesting is short.
3. Pineapple – The average net return of pineapple is P166,030 per hectare in 2019. Its estimated annual rise in profit is up to 3%.
4. Onions – Onion farms have always been profitable as a staple ingredient in Filipino cooking. The average Filipino consumes 1.9 kilos of onions each year.
5. Garlic – another Filipino cuisine staple with very minimal tending requirements. You can start harvesting within 40 days. Garlic had an average net return of P190,291 per hectare in 2019.
6. Organic Crop Farming – consumers are willing to pay more for safer and healthier fruits and vegetables. Consider adding door-to-door delivery to upsell your product.
7. Herbs and Spices – with more people cooking at home, herbs like sweet basil, coriander, dill, tarragon, and lemongrass were in high demand in 2021 and will continue in the coming years.
8. Coffee Beans – the climate in the Philippines makes growing the berries easy plus the growing coffee culture both in urban and rural places has increased the demand for coffee beans.
9. Root crops – particularly, potatoes (all varieties), yams (ube), and carrots achieved an all-time high in demand in 2020 and 2021. Root crops require minimal tending and turnaround time is only around 3 months.
![22 Profitable Agribusinesses In The Philippines 2 Agricultural Loan And Financing For Your Agri Business By First Standard. Loan Up To 5 Million.](https://www.firststandard.ph/wp-content/uploads/2023/06/3.jpg)
10. Pineapple – The average net return of pineapple is P166,030 per hectare in 2019. Its estimated annual rise in profit is up to 3%.
11. String Beans – this includes all varieties of string beans. These low-maintenance crops can be harvested after 80 days. One can get as much as P260,000 net return per hectare.
12. Herbs and Spices – with more people cooking at home, herbs like sweet basil, coriander, dill, tarragon, and lemongrass were in high demand in 2021 and will continue in the coming years.
13. Hydroponic Farming / Urban Farming – no land, no problem. Hydroponic farms have been popping up in metropolitan cities since 2018. The trend will rise as more businesses shift to agriculture. Start with this article if you’re curious.
![22 Profitable Agribusinesses In The Philippines 3 22 Profitable Agribusinesses In The Philippines - First Standard](https://www.firststandard.ph/wp-content/uploads/2021/12/6.png)
Livestock farming often requires bigger capital. However, it also means bigger returns in the process.
14. Hog Raising (Piggeries) – pork will continue to be a highly consumed meat in the country. One sow (female pig) costs around P20,000 – P30,000.
15. Poultry – The fast turnaround of chickens (45 days) makes this industry very lucrative.
16. Eggs – You can either be the supplier or a distributor. Eggs have always been profitable when your business is scaled.
17. Backyard Farming Cattle – T he average farmgate price of cattle for slaughter in backyard farms for July to September 2021 was estimated at P147.21 per kg. That’s a 15.1% increase from the previous year, according to the Philippine Statistics Office .
18. Dairy Farming – In 2020, Australia and the Philippines have launched a research initiative to maximize the potential of the Philippine dairy industry. You’ll notice more local dairy-based products on grocery shelves and online retail stores in the coming years.
19. Milkfish (Bangus) and Tilapia – You can start a small backyard fishery for around P100,000. This includes pond excavation, irrigation preparation, and your first batch of fingerlings.
AGRI SUPPLIES
![22 Profitable Agribusinesses In The Philippines 4 22 Profitable Agribusinesses In The Philippines - First Standard](https://www.firststandard.ph/wp-content/uploads/2021/12/7.png)
There’s plenty of profits to be made in agribusiness supplies too! This type of business doesn’t require a lot of farming know-how. Your main concern will revolve around transport and supply logistics.
20. Livestock Feeds (Distributor) – chicken and hog feed are two of the most profitable options. Sign up as a distributor to move things a lot faster.
21. Farm Machinery Leasing – Go the B2B route and lease trucks, tractors, air seeders, cultivators, and lifters. The more machinery you have to rent out, the faster the returns for your initial investment.
22. Aquaculture Supplies – explore getting into the business of fish feed and fishery machineries like water pumps, nets, and traps.
OTHER NOTABLE AGRIBUSINESSES:
Landscaping/Ornamental Plants Supplies – be a tita to the plantita and sell pots, plant stands, fertilizers, plant food, insecticides, and other landscaping needs.
Packaging – Supply other farming businesses with rice sacks, food-grade packaging, styro boxes, and jam jars. This B2B business can even go beyond the bounds of agriculture if you so choose.
First Standard can help you start any agribusiness expansion in as fast as 5 days with flexible terms. Get in touch with us today to learn more.
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- Policies and Programs
- Farm Gate Price
- Retail Price
- Wholesale Price
Vegetables Policies
Policy Number | Policy Year | Congress | Policy Title | Policy Description | Policy Objective | Policy Link | Policy_link | Commonwealth Act No. 518 | 1.940 | NULL | An Act to Establish the National Coconut Corporation | This Act aims to create the National Coconut Corporation. | Section 1. A corporation is created under the style and name of “National Coconut Corporation,” which shall be organized within six months after the date of the approval of this Act and shall exist for a term of thirty years from the said date. The Corporation shall have its main office in the City of Manila. Section 6. To carry out the purposes of this Act, there is created a special fund to be known as the “Coconut Industry Promotion Fund”, which shall consist of appropriations out of the Coconut Oil Excise Tax Fund collected on and after January first, nineteen hundred and thirty-nine, to be made available as follows: Two million pesos, which is hereby appropriated, upon approval of this Act, and, thereafter, such amounts as may be provided for, from time to time, in the annual appropriation acts for the Coconut Oil Excise Tax Fund. | NULL |
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Law | Commonwealth Act No. 521 | 1.940 | NA | An Act Appropriating Amounts from the Coconut Oil Excise Tax Fund Collected on and After January First, Nineteen Hundred and Thirty-Nine, for the Period from January First, Nineteen Hundred and Thirty-Nine, to June Thirtieth, Nineteen Hundred and Forty | This act aims to allocate budget accrued from the collection of Coconut Oil Excise Tax collected on and after January 1, 1939 for the period January 1, 1939 to June 30, 1940. | Section 1. Appropriation of funds – The following sums, or so much thereof as may be necessary, are appropriated out of the collections that accrued and shall accrue to the Coconut Oil Excise Tax Fund in the Philippine Treasury… 1. Department of Agriculture and Commerce – P2.8M 2. Department of Public Works and Communications – P10M 3. Government Corporations – P46.4M Section 7. Purpose for which appropriations may be used.— The amounts appropriated in this Act shall be used for the purpose of meeting new or additional expenditures necessary in adjusting Philippine economy to a position independent of trade preferences in the United States and in preparing the Philippines for the assumption of the responsibilities of an independent state, and shall be accounted for separately from other moneys of the Government of the Commonwealth of the Philippines: Provided, That no part of the appropriation herein authorized shall be paid directly or indirectly as a subsidy to the producers or processors of copra, coconut oil, or allied products, except that this provision shall not be construed as prohibiting the use of a portion of said appropriation for facilities for better curing of copra, or for bona fide production loans to Philippine copra producers. | NULL | |
Law | Commonwealth Act No. 552 | 1.940 | NA | An Act Appropriating Amounts from the Coconut Oil Excise Tax Fund Collected on and After January First, Nineteen Hundred and Thirty-Nine, for the Fiscal Year Ending June Thirtieth, Nineteen Hundred and Forty-One | This act aims to allocate budget accrued from the collection of Coconut Oil Excise Tax collected collected on and after January 1, 1939 for the fiscal year ending June 30, 1941. | Section 1. Appropriation of funds – The following sums, or so much thereof as may be necessary, are appropriated out of the collections that accrued and shall accrue to the Coconut Oil Excise Tax Fund in the Philippine Treasury… 1. Office of the President – P250,000 2. Department of Agriculture and Commerce – P2M 3. Department of Public Works and Communications – P7.5M 4. Government Corporations – P24.5M | NULL | |
Law | Commonwealth Act No. 627 | 1.941 | NA | An Act Appropriating Amounts from the Coconut Oil Excise Tax Fund Collected on and After January First, Nine Hundred and Thirty-Nine, for the Fiscal Year Ending June Thirtieth, NineTeen Hundred and Forty-Two | This act aims to allocate budget accrued from the collection of Coconut Oil Excise Tax collected collected on and after January 1, 1939 for the fiscal year ending June 30, 1942. | Section 1. Appropriation of funds – The following sums, or so much thereof as may be necessary, are appropriated out of the collections that accrued and shall accrue to the Coconut Oil Excise Tax Fund in the Philippine Treasury… 1. Office of the President – P250,000 2. Department of Agriculture and Commerce – P2.9M 3. Department of National Defense – P3.0M 2. Department of Public Works and Communications – P5.7M 3. Government Corporations – P20.7M | NULL | |
Law | Commonwealth Act No. 718 | 1.945 | NA | An Act Appropriating the Sum of Two Million Nine Hundred Forty-One Thousand Pesos from the Coconut Oil Excise Tax Fund Collected on and After January First, Nineteen Hundred and Thirty-Nine, for Certain Activities Under the Department of Agriculture and Commerce, for the Fiscal Year Ending June Thirtieth, Nineteen Hundred and Forty-Six | This act aims to allocate budget accrued from the collection of Coconut Oil Excise Tax collected collected on and after January 1, 1939 for the fiscal year ending June 30, 1946. | Section 1. Appropriation of funds – The following sums, or so much thereof as may be necessary, are appropriated out of the collections that accrued and shall accrue to the Coconut Oil Excise Tax Fund in the Philippine Treasury… (a) Appropriation to continue the agronomical survey of the Philippines in accordance with the provisions of Commonwealth Act No. 418 (b) Appropriation for the establishment, improvement, development, maintenance, and operation of agricultural experiment and demonstration stations under the provisions of section 1754 of the Administrative Code c) Appropriation to continue the reforestation and afforestation of watersheds, denuded areas, and cogon or open lands within forest reserves, communal forests, National parks, and timberlands, sand dunes, and such other areas already certified as public forest lands, in accordance with the provisions of Commonwealth Act No. 304 (d) Appropriation to continue the classification, survey and subdivision of agricultural lands of the public domain especially those lying along the National highways, the sum of ₱170,000 to be spent by the Bureau of Forestry in accordance with Commonwealth Act. No. 627 and the sum of ₱1,180,000 to be spent by the Bureau of Lands in accordance with the said Commonwealth Act No. 630 e) For the organization, maintenance and operation of a School of Fisheries under the Division of Fisheries (f) For the creation of a special fund to be known as the “Cinchona Plantation Revolving Fund” for the establishment, cultivation, development, maintenance, and operation of cinchona plantations in public forest lands to be administered by the Bureau of Forestry | NULL | |
Law | Republic Act No. 5 | 1.946 | 1st | An Act to Amend Sections Two and Five of Commonwealth Act Numbered Five Hundred Eighteen, Entitled “An Act to Establish the National Coconut Corporation, and to Appropriate Additional Operating Capital for Said Corporation” | This Act aims to amend the functions of the National Coconut Corporation. | Section two of Commonwealth Act Numbered Five hundred eighteen is amended to read as follows: “Sec. 2. The National Coconut Corporation shall have the following objects: (c) To buy, sell, barter, export, and in any other manner deal in, coconut, copra, and desiccated coconut, as well as their by-products, and to act as agent, broker or commission merchant of the producers, dealers or merchants of coconut, copra, and desiccated coconut or their by-products.” Sec 5. “The President may, in his discretion, remove any director. The directors serving upon the passage of this Act shall remain in office until relieved by the President. Four members of the board of directors shall constitute a quorum for the transaction of business. | NULL | |
Law | Republic Act No. 362 | 1.949 | 2nd | An Act Appropriating the Sum of Three Hundred Thousand Pesos for the Study, Control and Eradication of the “Kadang-Kadang” and Other Diseases or Pests of Coconut Trees | This Act aims to appropriate funds for the study, control, and eradication of the “Kadang-Kadang” and other diseases or pests of coconut trees. | The sum of three hundred thousand pesos, or so much thereof as may be necessary and certified as to its availability by the Auditor General, is hereby appropriated out of any funds in the National Treasury not otherwise appropriated, for the study, control, and eradication of the “Kadang-Kadang” and other diseases or pests of coconut trees. | NULL | |
Law | Republic Act No. 471 | 1.950 | 2nd | An Act Providing that Fifty Per Centum of the Fees Collected from the Copra Standardization and Inspection Service by Virtue of Commerce Administrative Order Numbered Two,dated January Sixteen, Nineteen Hundred Forty-Eight, Shall be Paid to the Funds of the National Coconut Corporation for the Rehabilitation of the Coconut Industry | This Act aims to create a special fund from the Copra Standardization and Inspection Service for the rehabilitation of the coconut industry. | To enable the National Coconut Corporation to advance further its program of industrialization of the coconut industry and the proper utilization of coconut by-products as well as the improvement of the quality of Philippine copra, fifty per centum of all the fees collected by the Bureau of Commerce from the Copra Standardization and Inspection Service pursuant to Commerce Administrative Order Numbered Two, dated January sixteen, nineteen hundred forty-eight, of the Department of Commerce and Industry, shall be kept as a special fund and turned over to the National Coconut Corporation beginning June first, nineteen hundred and fifty, to be spent for the purposes mentioned in subsections (a) and (b) of section two of Commonwealth Act Numbered Five hundred eighteen, as amended. | NULL | |
Law | Republic Act No. 773 | 1.952 | 2nd | An Act Appropriating the Sum of Five Hundred Thousand Pesos for the Study, Control and Eradication of Coconut and Other Plant Diseases and Pests, Including Rats | This Act aims to appropriate funds for the study, control, and eradication of the coconut and other plant diseases, including rats. | The sum of five hundred thousand pesos is hereby appropriated out of any funds in the National Treasury not otherwise appropriated for the study, control and eradication of coconut and all other plant diseases and pests, including rats. | NULL | |
Law | Republic Act No. 1145 | 1.954 | 3rd | An Act Creating the Philippine Coconut Administration, Prescribing its Powers, Functions and Duties, and Providing for the Raising of the Necessary Funds for its Operation | This Act aims to establish the Philippine Coconut Administration. | A corporation is hereby created which shall be known as the Philippine Coconut Administration, hereafter called the PHILCOA, which shall be organized within sixty days after the approval of this Act and shall be under the direct supervision of the Office of Economic Coordination. The PHILCOA shall have the following purposes and objectives: (a) To ensure the steady and orderly development of the coconut industry, and to stabilize and strengthen its position in the world markets; (b) To promote the effective merchandising of copra, coconut oil, coconut products and by-products in the domestic and foreign markets so that those who are engaged in the coconut industry will be placed on a basis of economic security; (c) To improve the tenancy relations between coconut proprietors and tenants and the living conditions of laborers engaged in the coconut industry; (d) To encourage the invention of useful machinery that will hasten the development of the coconut industry. | NULL | |
Law | Republic Act No. 1369 | 1.955 | 3rd | An Act Appropriating the Sum of Thirty Million Pesos, Out of the Proceeds of the Sale of Bonds to be Issued Under Republic Act Numbered One Thousand or from Any Loan, for the Purpose of Financing the Manufacture of Coconut Products and By-Products and the Component Parts of Coconut Trees, and Otherwise for the Industrialization of the Coconut Trees and Coconut Products and By-Products | This Act aims to appropriate funds for the industrialization of the coconut industry, particularly provision of budget for the manufacture of coconut products and by-products. | There is hereby appropriated, out of the proceeds of the sale of bonds to be issued under Republic Act Numbered One thousand or from any loan, the sum of thirty million which shall be invested: (a) in the construction, establishment and operation of necessary centrals or mills for the manufacture, on commercial scale, or industrialization of coconut products and by-products and the component parts of coconut trees, hereinafter called coconut centrals; or (b) in loans to persons who are citizens of the Philippines or to associations or corporations organized under the laws of the Philippines, the capital of which is owned by the citizens of the Philippines, for the purpose of financing the establishment of such centrals or mills; or (c) in shares, hereafter called contributions, or in subscriptions by the Government to the capital of such associations or corporations engaged or which will engage in such enterprise or coconut industrialization. | NULL | |
Law | Republic Act No. 2282 | 1.959 | 4th | An Act to Promote the Development of the Coconut Industry | This Act aims to be a national policy that will promote to the fullest extent possible the rapid development of the coconut industry by subproviding for an adequate financing of coconut cooperatives and coconut producers. | To implement the policy declared in this Act there is hereby created a Coconut Financing Fund which shall be deposited with and administered by the Development Bank of the Philippines and which shall be constituted, either (a) by an mount not exceeding thirty million pesos out of the sale of bonds which shall be issued by the President of the Philippines upon recommendation of the National Economic Council, or (b) by the sum of thirty million pesos which is hereby appropriated out of any funds in the National Treasury not otherwise appropriated, ten million pesos of which shall be made available within one year after the approval of this Act and five million pesos made available every year thereafter until the full amount of thirty million pesos is totally released. | NULL | |
Law | Republic Act No. 4059 | 1.964 | 5th | An Act Establishing the Philippine Coconut Research Institute, Defining its Objectives, Powers and Functions, Authorizing the Appropriation of Funds Therefor, and for Other Purposes | This Act aims to create the Philippine Coconut Research Institute. | There is hereby created the Philippine Coconut Research Institute, hereinafter referred to as the PHILCORIN, with its main executive office in the City of Manila. The PHILCORIN shall have the following purposes and objectives: (a) To conduct scientific researches and investigations on: (1) the botanical and genetical aspects of coconut improvement; (2) the agronomical problems relating to coconut culture; (3) the etiology and control of “kadang-kadang” and other diseases of coconut; and (4) the biology and control of important insect pests of coconut; (b) To compile scientific information and disseminate results of scientific and technological researches on coconut; and (c) To train people for the development of the coconut industry. | NULL | |
Law | Republic Act No. 4403 | 1.965 | 5th | An Act Encouraging the Organization of Agro-Industrial Coconut Cooperatives Under the Jurisdiction of the Philippine Coconut Administration, Amending for the Purpose Republic Act Numbered Eleven Hundred Forty-Five | This Act aims to amend RA 1145 and enable the organization of agro-industrial coconut cooperatives under PHILCOA. | Section three of Republic Act Numbered Eleven hundred forty-five is amended to read as follows: “(f) To help planters and processors organize themselves into associations and/or agro-industrial coconut cooperatives with a view to giving them greater control in the marketing of their products, to help them obtain more credit facilities, and to assist them in getting more participation in the income of the coconut industry, such agro-industrial cooperatives shall be registered with the Securities and Exchange Commission and, any law to the contrary notwithstanding, enjoy the following privileges. | NULL | |
Law | Republic Act No. 5898 | 1.969 | 6th | An Act Establishing a Coconut Breeding Station and Nursery in the Municipality of Pantukan, Province of Davao del Norte, and Authorizing the Appropriation of Funds Therefor | This Act aims to provide funds for the establishment of a Coconut Breeding Station and Nursery in Pantukan, Davao del Norte. | There shall be established under the supervision of the Philippine Coconut Administration a coconut breeding station and nursery in the Municipality of Pantukan, Province of Davao del Norte, to be known as Pantukan Coconut Breeding Station and Nursery. The sum of one hundred thousand pesos is hereby authorized to be appropriated out of any funds in the National Treasury not otherwise appropriated, for the establishment, operation and maintenance of said coconut breeding station and nursery. Thereafter, the necessary funds needed for its operation and maintenance shall be included in the annual General Appropriations Act. | NULL | |
Law | Republic Act No. 6260 | 1.971 | 7th | An Act Instituting a Coconut Investment Fund And Creating A Coconut Investment Company For The Administration Thereof | This Act aims to be the national policy to accelerate the development of the coconut industry through the provision of adequate medium and long-term financing for capital investment in the industry, by instituting a Coconut Investment Fund capitalized and administered by coconut farmers through a Coconut Investment Company. | Section 2. Declaration of Policy. It is hereby declared to be the national policy to accelerate the development of the coconut industry through the provision of adequate medium and long-term financing for capital investment in the industry, by instituting a Coconut Investment Fund capitalized and administered by coconut farmers through a Coconut Investment Company. Section 8. The Coconut Investment Fund. There shall be levied on the coconut farmer a sum equivalent to fifty-five centavos (P0.55) on the first domestic sale of every one hundred kilograms of copra, or its equivalent in terms of other coconut products, for which he shall be issued a receipt which shall be converted into shares of stock of the Company upon its incorporation as a private entity in accordance with Section seven hereof. For every fifty-five centavos (P0.55) so collected, fifty centavos (P0.50) shall be set aside to constitute a special fund, to be known as the Coconut Investment Fund, which shall be used exclusively to pay the subscription by the Philippine Government for and in behalf of the coconut farmers to the capital stock of said Company Section 9. …Three centavos (P0.03) out of every fifty-five centavos (P0.55) collected shall be set aside to be used exclusively to defray the expenses for: (a) the setting up and continued operation of the machinery for the collection and acknowledgment of payment, (b) the organization of municipal and provincial conventions of coconut planters, (c) the organization, supervision and conduct of regional coconut conventions and a national coconut congress, and (d) production and dissemination of information: Provided, finally, That the remaining two centavos (P0.02) shall be placed at the disposition of the recognized national association of coconut producers with the largest number of membership as determined by the Philippine Coconut Administration for the maintenance and operation of its principal office which shall be responsible for continuing liaison with the different sectors of the industries, the government and its own mass base. | NULL | |
Law | Presidential Decree No. 232 | 1.973 | NA | Creating a Philippine Coconut Authority | This Act aims to create the Philippine Coconut Authority (PCA) to promote accelerated growth and development of the coconut and other palm oils industry so that the benefits of such growth shall accrue to the greatest number, and to provide continued leadership and support in the integrated development of the industry. | Section 1. Declaration of Policy. It shall be the policy of the state to promote accelerated growth and development of the coconut and other palm oils industry so that the benefits of such growth shall accrue to the greatest number, and to provide continued leadership and support in the integrated development of the industry. Section 6. Abolished Agencies and Transitory Provisions. The Coconut Coordinating Council (CCC), the Philippine Coconut Administration (PHILCOA) and the Philippine Coconut Research Institute (PHILCORIN) are hereby abolished and their powers and functions transferred to the Philippine Coconut Authority, together with all their respective appropriations, funding from all sources, equipment and other assets, and such personnel as are necessary | https://www.officialgazette.gov.ph/1973/06/30/presidential-decree-no-232-s-1973/ | |
Law | Presidential Decree No. 276 | 1.973 | NA | Establishing a Coconut Consumers Stabilization Fund | This Act aims to establish a Coconut Consumers Stabilization Fund that will be used to address the abnormal price situtation of utilized to subsidize the sale of coconut-based products at prices set by the Price Control Council. | the Philippine Coconut Authority is hereby authorized to formulate and immediately implement a stabilization scheme for coconut-based consumer goods, along the following general guidelines: a. A levy, initially, of ₱15.00 per 100 kilograms of copra resecada or its equivalent in other coconut products, shall be imposed on every first sale, in accordance with the mechanics established under RA 6260, effective at the start of business hours on August 10, 1973. b. b. The Fund shall be utilized to subsidize the sale of coconut-based products at prices set by the Price Control Council, under rules and regulations to be promulgated by the Philippine Consumers Stabilization Committee The collection of the Stabilization Fund Levy and the existence of the Stabilization Committee shall terminate after one year or earlier, provided the crisis for which the measure was instituted no longer exists as determined by the Philippine Coconut Authority | https://www.officialgazette.gov.ph/1973/08/20/presidential-decree-no-276-s-1973/ | |
Law | Presidential Decree No. 271 | 1.973 | NA | Amending Presidential Decree No. 232 Creating a Philippine Coconut Authority | This Act aims to amend the composition of the governing board of PCA. | Amended: Section 4. Governing Board. The Authority shall be governed by a Board of nine members who shall meet as often as necessary Section 5. Management. The management of the Authority shall be vested in an Administrator | https://www.officialgazette.gov.ph/1973/08/09/presidential-decree-no-271-s-1973/ | |
Decree | Presidential Decree No. 514 | 1.974 | NA | Amending Republic Act No. 6260, Entitled An “Act Instituting A Coconut Investment Fund And Creating A Coconut Investment Company For The Administration Thereof.” | This Act aims to modify the composition of the Board to further enhance coordination of the Company’s operations with established government policies and programs. | Section 1. The Chairman of the Board and the General Manager of the Coconut Investment Company shall be appointed by the President during the period that the Company is a government corporation. They shall, together with the eleven (11) members specified under Republic Act No. 6260, comprise a Board of Directors of 13 members which shall exercise the corporate powers of the Company. | https://www.officialgazette.gov.ph/1973/06/30/presidential-decree-no-232-s-1973/ | |
Law | Presidential Decree No. 527 | 1.974 | NA | Granting Authority to the National Economic and Development Authority to Set Minimum Prices of Coconut Oil, Copra and Other Coconut Products and by Products | This Act aims to protect coconut farmers byt regulating or fixing the minimum prices at which copra and other coconut products and by-products may be purchased from coconut farmers, as well as minimum export prices for copra, coconut oil and other coconut products and by-products. | The National Economic and Development Authority, motu proprio or upon recommendation of the Philippine Coconut Authority, may fix the minimum prices that may be paid to coconut farmers for copra and other coconut products, as well as minimum export prices for copra, coconut oil and other coconut products and by-products whenever the national interest so requires taking into consideration cost of production, transportation, marketing and other relevant factors. | https://www.officialgazette.gov.ph/1974/08/02/presidential-decree-no-527-s-1974/ | |
Law | Presidential Decree No. 755 | 1.975 | NA | Approving the Credit Policy for the Coconut Industry as Recommended by the Philippine Coconut Authority and Providing Funds Therefor | This Act aims to provide readily available credit facilities to the coconut farmers at preferential rates. | It is hereby declared that the policy of the State is to provide readily available credit facilities to the coconut farmers at preferential rates; that this policy can be expeditiously and efficiently realized by the implementation of the “Agreement for the Acquisition of a Commercial Bank for the benefit of the Coconut Farmers” executed by the Philippine Coconut Authority, the terms of which “Agreement” are hereby incorporated by reference; and that the Philippine Coconut Authority is hereby authorized to distribute, for free, the shares of stock of the bank it acquired to the coconut farmers under such rules and regulations it may promulgate. The Philippine Coconut Authority is hereby directed to draw and utilize the collections under the Coconut Consumers’ Stabilization Fund authorized to be levied by Presidential Decree No. 232, as amended, to pay for the financial commitments of the coconut farmers under the said agreement and, except for the budgetary requirements of the Philippine Coconut Authority as approved by its Governing Board, all collections under the Coconut Consumers’ Stabilization Fund Levy and fifty percent (50%) of the collections under the Coconut Industry Development Fund shall be deposited, interest free, with the said bank of the coconut farmers | https://www.officialgazette.gov.ph/1975/07/29/presidential-decree-no-755-s-1975/ | |
Law | Presidential Decree No. 961 | 1.976 | NA | An Act to Codify the Laws Dealing with the Development of the Coconut and Other Palm Oil Industry and for Other Purposes, also known as the “Coconut Industry Code” | This Act aims to restate the laws regarding the PCA, levies, penalties, and miscellaneous provisions concerning the coconut industry. | Declaration of Policy. It is hereby declared to be the policy of the State to promote the rapid integrated development and growth of the coconut and other palm oil industry in all its aspects and to ensure that the coconut farmers become direct participants in, and beneficiaries of, such development and growth. Article I. The Philippine Coconut authority Article II. Levies Article III. Penalties Article V. Miscellaneous Provisions | https://www.officialgazette.gov.ph/1976/07/14/presidential-decree-no-961-s-1976/ | |
Law | Presidential Decree No. 1468 | 1.978 | NA | Revising Presidential Decree Numbered Nine Hundred Sixty One | There is a need to restructure the provisions of Presidential Decree No. 961 in order to meet the changes of the times and to provide more effective means of achieving the objectives of the coconut industry as expressed in said Decree | This Decree shall be known as the “Revised Coconut Industry Code”. To implement and attain the declared national policy, there is hereby created an independent public corporation to be known as the Philippine Coconut Authority, hereinafter referred to as Authority, directly reporting to, and supervised by, the President of the Philippines. The Authority is hereby empowered to impose and collect a levy to be known as the Coconut Consumers Stabilization Fund Levy, on every one hundred kilos of copra rececade, or its equivalent in other coconut products delivered to, and/or purchased by, copra exporters, oil millers, desiccators and other end-users of copra or its equivalent in other coconut products. The levy shall be paid by such copra exporters, oil millers, desiccators and other end-users of copra or its equivalent in other coconut products under such rules and regulations as the Authority may prescribe. There is also hereby created a permanent fund to be known as the Coconut Industry Development Fund, which shall be administered and utilized by the bank acquired for the benefit of the coconut farmers under PD 755. As the initial funds of the Coconut Industry Development Fund, the Authority is hereby directed to pay to the Coconut Industry Development Fund the amount of One Hundred Million Pesos (P100,000,000.00) out of the Coconut Consumers Stabilization Fund and thereafter the Authority shall pay to the said Fund an amount equal to at least twenty centavos (P0.20) per kilogram of copra resecada or its equivalent out of its current collections of the Coconut Consumer Stabilization Fund Levy. | https://www.officialgazette.gov.ph/1978/06/11/presidential-decree-no-1468-s-1978/ | |
Letter of Instruction | Letter of Instruction No. 926 | 1.979 | NA | Rationalization of the Coconut Oil Milling Industry | This Act aims to rationalize the coconut oil milling industry and insure its survival, viability and stability and thereby assure the consuming countries of an adequate and continuous supply, at fair and reasonable prices, of copra, coconut oil and their by-products | It is hereby declared to be the policy of the State to rationalized the coconut oil milling industry and insure its survival, viability and stability and thereby assure the consuming countries of an adequate and continuous supply, at fair and reasonable prices, of copra, coconut oil and their by-products; that this policy can be expeditiously and efficiently realized by the pooling of the resources and the coordination of the copra buying and selling, oil milling and marketing efforts of both the coconut farmers and the oil millers in order that the optimum benefits resulting from economies of scale may be realized; and that the most appropriate vehicle for such pooling and coordination is a joint venture company between the coconut farmers and the oil millers. The Bank acquired for the benefit of the coconut farmers pursuant to the provisions of P.D. 755, in its capacity as the investment arm of the coconut farmers thru the Coconut Industry Investment Fund (CIIF) created by P. D. 1468, is hereby directed to invest, on behalf of the coconut farmers, such portion of the CIIF as may be necessary in a private corporation which shall serve as the instrument to pool and coordinate the resources of the coconut farmers and the oil millers in the buying, milling and marketing of copra and its by-products | https://www.officialgazette.gov.ph/1979/09/03/letter-of-instruction-no-926-s-1979/ | |
Law | Presidential Decree No. 1699 | 1.980 | NA | An Act Suspending the Collection of the Coconut Consumers Stabilization Fund Levy and Similar Levies and Providing in Connection Therewith Appropriate Measures to Cushion the Adverse Effects Thereof on the Coconut Farmers | This Act aims to suspend the collection of levies, particulalry of the Coconut Consumers Stabilization fund (CCSF) and Coconut Industry Development Fund (CIDF). | Subject to the provisions of this Act, the collection of the Coconut Consumers Stabilization Fund (CCSF) and the Coconut Industry Development Fund (CIDF) levies for the exportable coconuts, copra, coconut oil, desiccated coconut and their respective by-products and derivatives (hereinafter collectively referred to as “coconut products”) are hereby suspended and the burden thereof shall be shifted to the exporters of such coconut products as herein elsewhere provided. To insure the continuance and the viability of the different developmental projects for the benefit of the coconut farmers that are being financed from out of the collections of the CCSF levy as identified and prescribed by Presidential Decree No. 1468, Article III, Section 2, the exporters of coconut products shall pay, as part of their cost of operations, such amount as may be necessary or required to assure the adequate and the continuous financing of such developmental projects including the cost and expenses incurred in effecting the rationalization of the oil milling industry as prescribed by Letter of Instructions No. 926, the provisions of which are herein incorporated as parts of this Act. Hereafter, no exportation of coconut products shall be allowed unless the Philippine Coconut Authority shall have certified that the assessable collection on the proposed export has been paid by the exporter. | https://www.officialgazette.gov.ph/1980/05/27/presidential-decree-no-1699-s-1980/ | |
Law | Presidential Decree No. 1644 | 1.980 | NA | Granting Additional Powers to the Philippine Coconut Authority | This Act aims to further promote the rationalization of the coconut oil milling industry by granting the Philippine Coconut Authority additional powers in respect of the marketing and export of copra, coconut oil and their by-products | In the exercise of its powers under Section 1 hereof, the Philippine Coconut Authority may initiate and implement such measures as may be necessary to attain the rationalization of the coconut oil milling industry, including, but not limited to, the following measures: a) Imposition of floor and/or ceiling prices for all exports of copra, coconut oil and their by-products; b) Prescription of quality standards; c) Establishment of maximum quantities for particular periods and particular markets; d) Inspection and survey of export shipments through an independent international superintendent or surveyor. | https://www.officialgazette.gov.ph/1979/10/04/presidential-decree-no-1644-s-1979/ | |
Law | Presidential Decree No. 1768 | 1.981 | NA | Establishing Agro-Forest Reserves Within the Agusan Valley for the Implementation of the Nationwide Coconut Replanting Program | This Act aims to formulate and implement a nationwide replanting program using precocious high-yielding hybrid seednuts, which program may include the planting of new areas. | PCA is hereby authorized to enter into agreements for the development of the areas referred to in Section 1 above, by way of agro-forest lease, with the coconut farmers of the Philippines, acting thru the Coconut Industry Investment Fund and/or the Coconut Industry Development Fund, and/or with the persons or entities who have availed of the provisions of Republic Act No. 926. The agro-forest reserves established by this Decree shall be incorporated in the nationwide coconut replanting program as formulated and implemented by the PCA. | https://www.officialgazette.gov.ph/1981/01/12/presidential-decree-no-1768-s-1981/ | |
Law | Presidential Decree No. 1842 | 1.983 | NA | Amending Certain Provisions of Presidential Decree No. 1841 and Creating a Coconut Reserve Fund | This Act aims to amend PD 1841 and create a Coconut Reserve Fund to effect a more realistic system of determining the amount of assessment of coconuts and its products in order to provide urgent relief to coconut farmers while at the same time ensuring continued financial support to on-going socio-economic and developmental programs for coconut farmers. | Sections 1 and 2, Article III of Presidential Decree No. 1468, as amended by Presidential Decree No. 1841 are hereby further amended to read as follows: Sec. 1. Coconut Industry Stabilization Fund. To ensure the viability and stability of the coconut industry as a whole, the copra exporters, the oil millers, the refiners, the desiccators and other end-users of copra or its equivalent in other coconut products are hereby assessed an amount equivalent to a specific percentage of the prevailing copra equivalent of the world market price of coconut oil which shall be imposed on copra resecada or its equivalent in other coconut products delivered to and/or purchased by them. Sec. 2-A. Coconut Reserve Fund. To ensure continued financial support to critical socio-economic and developmental programs mentioned in Section 1 hereof in times of depressed world prices for coconut, a Coconut Reserve Fund is hereby constituted from assessments in excess of ₱50 per on hundred (100) kilos of copra resecada or its equivalent in other coconut products, provided, however, that no disbursements therefrom may be made unless the applicable assessment in specific percentage falls to eleven percent (11%) or below as defined and computed in Section 1 hereof. | https://www.officialgazette.gov.ph/1982/01/16/presidential-decree-no-1842-s-1982/ | |
Law | Presidential Decree No. 1841 | 1.983 | NA | Prescribing a System of Financing the Socio-Economic and Developmental Program for the Benefit of the Coconut Farmers and Accordingly Amending the Laws Thereon | This Act aims to prescribe a new system of financing the socio0economic and development program for coconut farmers | Sections 1 and 2, Article III, of Presidential Decree No. 1468, are hereby substituted with the following: Sec. 1. Coconut Industry Stabilization Fund. To ensure the viability and the stability of the coconut industry as a whole, the copra exporters, the oil millers, the refiners, the dessicators and other end-users of copra or its equivalent in other coconut products are hereby assessed an amount equivalent to ₱50.00 for every 100 kilos of copra resecada or its equivalent in other coconut products delivered to, and/or purchased by them which assessments are hereby constituted as the Coconut Industry Stabilization Fund. The assessments shall be collected and disbursed by the Authority as herein prescribed.” “Sec. 2. The collections of the Coconut Industry Stabilization Fund shall be utilized for, and the assessment of P50.00 per one hundred kilos of copra resecada or its equivalent in coconut products shall be proportionately allocated among the following socio-economic and developmental programs for the benefit of the coconut farmers, in particular, and the coconut industry Section 5. Hereafter, the words “levy”, “levies” and “Coconut Consumers Stabilization Fund” in PD 1468 shall, if the context so requires, be substituted with the words “assessment”, “assessments” and “Coconut Industry Stabilization Fund,” respectively. Section 11. Financing of other Socio-Economic and Developmental Projects. — The members of the coconut industry, particularly the commercial and industrial sectors thereof may, if they so desire, establish a system of financing the socio-economic and/or developmental projects for the coconut industry in addition to Section 1 hereof under such terms and conditions as they may freely negotiate and agree upon which are hereby declared to constitute an onerous contract enforceable according to its terms. | https://www.officialgazette.gov.ph/1981/10/02/presidential-decree-no-1841-s-1981/ | |
Law | Presidential Decree No. 1863 | 1.984 | NA | An Act to Promote and Expand the Utilization of Chemicals Derived from Coconut Oil and for Other Purposes | This Act aims to encourage, promote and assist the substitution of coco-chemicals for petro-chemicals in the manufacture of soaps, detergents and other consumer and industrial products | Section 1. Declaration of Policy. It is hereby declared to be the policy of the State to establish, promote, and assist the development of a coco-chemical industry in the country and by way of implementing this policy, the Government has adopted, as one of the major industrial projects of the country, the establishment and operation of manufacturing facilities for the production of coco-chemicals by the United Coconut Chemicals, Inc. (“UNICHEM”) which is owned and controlled by the coconut farmers of the Philippines. Within the period herein prescribed, enterprises established either by existing or new companies which will utilize coco-chemicals as raw materials feedstock in the manufacture, processing or production of goods, products, or commodities are hereby declared pioneer enterprises in a preferred area of investment The importation and the use in the Philippine detergents grade alcohols and their derivatives as may hereafter be determined pursuant to Section 7 herein, are hereby prohibited and shall be allowed only in the manner and n the instances prescribed under Section 6 hereof. | https://www.officialgazette.gov.ph/1983/04/18/presidential-decree-no-1863-s-1983/#:~:text=%E2%80%94%20It%20is%20hereby%20declared%20to,establishment%20and%20operation%20of%20manufacturing | |
Law | Presidential Decree No. 1854 | 1.984 | NA | Authorizing an Adjustment of the Funding Support of the Philippine Coconut Authority and Instituting a Procedure for the Management of Such Fund | This Act aims to adjust the authorized industry support to PCA by providing the agency with adequate financial means and resources to more effectively carry out its task. | The PCA fee imposed and collected pursuant to the provisions of R.A. No. 1145 and Sec. 3(k), Article II of P.D. 1468, is hereby increased to three centavos per kilo of copra or husked nuts or their equivalent in other coconut products delivered to and/or purchased by copra exporters, oil millers, desiccators and other end-users of coconut products. The fee shall be collected under such rules that PCA may promulgate, and shall be paid by said copra exporters, oil millers, desiccators, and other end-users of coconut products, receipt of which shall be remitted to the National Treasury on a quarterly basis. | https://www.officialgazette.gov.ph/1982/12/21/presidential-decree-no-1854-s-1982/ | |
Executive Order | Executive Order No. 1016 | 1.985 | NA | Withdrawing the Inspection, Commodity and Export Clearance Requirements on Philippine Exports | This Act aims to eliminate the inspection, commodity clearance, and export clearance requirements of the government to facilitate exports. Coconut, however, is among the controlled products for exportation. | Section 4. Controlled, prohibited and banned products – For the purposes of these rules and regulations, the following shall be classified as controlled products for exportation from the Philippines, and shall continue to be subject to Certificate of Exemption prior to exportation, issued by the appropriate government office, bureau, agency or instrumentality opposite them: 12. Matured coconuts and coconut seedlings – PCA | http://pca.gov.ph/images/pdf/issuances/EO1016s1985.pdf | |
Law | Presidential Decree No. 1972 | 1.985 | NA | An Act to Finance the Coconut Replanting Program | This Act aims to finance the replanting program and that for this purpose, the export duty and the additional export duty on coconut products be utilized as the initial source of financing. | Section 1. The basic export duty imposed by Section 514 of Presidential Decree No. 1464, and the additional export duty imposed by Executive Order No. 920-A, on coconut products, as identified and at the rates prescribed by Executive Order No. 920-A, which is hereby incorporated made part hereof any reference, are hereby made permanently constituted as the initial source of financing for the Philippine Coconut Authority (“PCA”), with the active assistance and participation of the recognized organization of the coconut farmers pursuant to the provisions of Act No. 6260. Section 2. In the implementation of the replanting program, the PCA shall service the requirements of small coconut farmers owning not more than twenty-four (24) hectares who volunteer to participate in the replanting program. Initially, the PCA shall give priority to the devastated areas in the Visayas and Mindanao. Section 3. In accordance with the self-reliance program of the country, and to encourage the private sector to device and implement their own area planting and/or replanting program, copra millers/refiners and other exporters of coconut products which voluntarily form associations and/or cooperatives in accordance with the provisions of Presidential Decree No. 1960, are hereby exempted from payment of the basic export duty and the additional export duty on coconut products herein imposed…. | https://www.officialgazette.gov.ph/1985/04/08/presidential-decree-no-1972-s-1985/ | |
Law | Presidential Decree No. 1960 | 1.986 | 10th | Prescribing Measures for the Structural Economic Adjustment Program for the Coconut Industry | This Act aims to lessen Government intervention in the marketing of coconut products and allow the private sector greater access to the markets, and at the same time encourage and require the private sector to establish and adopt appropriate measures to enhance the competitiveness of coconut products in the world market. | PCA Administrative Orders are repealed and all oil millers are permitted and authorized to export their coconut products to the world market subject only to such rules and regulations that the Ministry of Trade and Industry, the Central Bank and PCA may prescribe to ensure that coconut products are sold at competitive prices in relation to other fats and oils and that the proceeds of such sales, less actual expenses, are remitted to the country. To ensure the survival of the coconut oil milling/refining industry while there is an excess of copra crushing/refining capacity and to encourage fresh equity to be invested in existing coconut oil milling/refining capacities, no new copra crushing/refining capacity shall be allowed without the respective approvals of the Ministry of Trade and Industry, the Ministry of Agriculture and Food and the PCA. To assure the coconut farmers a return on their investment and to honor the commitments of the cooperative endeavor and the country as well, in the domestic and international markets, including the financial markets, all rights and obligations acquired or incurred by the cooperative endeavor in implementation of the rationalization program for the coconut industry mandated by LOI 926 and duly approved by appropriate governmental agencies must necessarily be assigned, transferred or sold, pro rata and under reasonable terms and conditions, to the coconut oil millers/refiners who desire to service the world market, including oil mills/refineries owned or controlled by the coconut farmers of the Philippines as provided in Presidential Decrees No. 961 and 1468, as amended. | https://www.officialgazette.gov.ph/1985/01/11/presidential-decree-no-1960-s-1985/ | |
Law | Republib Act No. 8048 | 1.995 | 9th | An Act Providing for the Regulation of the Coconut Trees, Its Replenishment, Providing Penalties Therefor and For Other Purposes, also known as the “Coconut Preservation Act of 1995. | This Act aims toregulate the unabated and indiscriminate cutting of the coconut trees. For reasons of national interest, it is hereby declared the policy of the State to provide for the growth of the industry by embarking on a sustainable and efficient replanting program. | SEC. 4. Prohibition. – No coconut tree shall be cut except in the following cases and only after a permit had been issued therefor: a) When the tree is sixty (60) years old; b) When the tree is no longer economically productive; c) When the tree is disease-infested; d) When the tree is damaged by typhoon or lightning; e) When the agricultural land devoted to coconut production shall have been converted in accordance with law into residential, commercial or industrial areas; f) When the land devoted to coconut production shall be converted into other agricultural uses or other agriculture-related activities in pursuance to a conversion duly applied for by the owner and approved by the proper authorities; and g) When the tree would cause hazard to life and property. SEC. 5. Permit to Cut. – No coconut tree or trees shall be cut unless a permit therefore, upon due application being made, has been issued by the PCA pursuant to Section 6 of this Act. The applicant shall pay an application fee in the amount of Twenty-five pesos (P25) for every tree intended to be cut payable to the PCA. | http://www.pca.da.gov.ph/pdf/issuances/ra%208048.pdf | |
Executive Order | Executive Order No. 213 | 2.000 | NULL | Constituting The National Enforcement Task Force On Coconut Tree Conservation | This aims to o ensure the preservation and development of the coconut industry, by constituting a national task force that will ensure effective and timely coordination among government agencies, local government units, and the private sector | The National Enforcement Task Force, hereinafter referred to as NETFORCE, is hereby constituted. The NETFORCE shall perform the following functions: a. Formulate plans of action to control the rampant cutting of coconut trees in violation of the provisions of RA 8048 and its implementing rules and regulations; b. Organize Regional Composite Teams composed of the member-agencies under the overall supervision of the Chief of the Philippine National Police to carry out and execute the plans of action. c.Establish such number of detachment stations and designate roving inspectors and patrols | https://www.officialgazette.gov.ph/2000/01/30/executive-order-no-213-s-2000/ | |
Bill | House Bill No. 398 | 2.010 | 15th | An Act Establishing An Emergency Measure To Alleviate The Plight Of Coconut Farmers Adversely Affected By Low Prices Of Copra And Other Coconut Products, And Providing Funds Therefor, also known as the “Coconut Emergency Measures Act of 2010” | Due to the rapid and steep decline in copra prices, more farmers cut trees and sell them as lumber, instead of harvesting the coconut. In order to immediately address the abnormal price situtation in the cococnut industry sector brought by the worldwide glut of fats and oils in the world market, there is a need to launch an income supplement program for small coconut farmers, tillers, workers, and owner-cultivators. | Coconut farmers and coconut processing sector shall be provided Income Supplement projects for coconut farmers to sell their copra and husked nuts at millgate price or better, as follows: a. transport allowance b. marketing assistance c. direct buying of copra by the NFA at a base price determined by the PCA d. income support e. livestock and seedling dispersal f. information and trainings through DOST g. skills for efficient marketing h. help for acquisition of fertilizers | http://www.congress.gov.ph/legisdocs/basic_15/HB00398.pdf | |
Bill | Senate Bill No. 2414 | 2.010 | 15th | An Act Amending Certain Sections Of Republic Act Number Six Thousand Six Hundred Fifty Seven (R.A. 6657), As Amended, Otherwise Known As The Comprehensive Agrarian Reform Law Of 1998, And For Other Purposes | This bill seeks, therefore, to alleviate the present condition of the coconut industry and ensure its continuity and substantially by classifying it as last priority for coverage in the Comprehensive Agrarian Reform Program of the government so as not to discourage coconut farmers in investing further in coconut farming. | SECTION 1. Section 7 of Republic Act Numbered Six Thousand Six Hundred Fifty Seven (R.A 6657), as amended, otherwise known as the “Comprehensive Agrarian Reform Law of 1998” is hereby amended to read as follows: “Section 7. Priority. – The Department of Agrarian Reform (DAR) in coordination with the Presidential Agrarian Reform Council (PARC) shall plan and program the acquisition and distribution of all agricultural lands through a period of ten (10) years from effectivity of this Act. Land shall be acquired and distributed as follows: Phase One: Rice and corn lands under Presidential Decree No. 27; All idle or abandoned lands; all private lands voluntarily offered by the owners for agrarian reform; all lands foreclosed by government financial institutions; all lands acquired by the presidential Commission on Good Government (PCGG); and all other lands owned by the government devoted to or suitable for agriculture, which shall be acquired and distributed immediately upon the effectivity of this Act, with the implementation to be completed within the period of not more than four (4) years. Phase Two: all alienable and disposable public agriculture lands; all arable public agricultural lands under agro-forest, pasture and agricultural leases already cultivated and planted to crop in accordance with Article XIII of the Constitution; all public agricultural lands which are to be opened for new development and resettlement; and all private agricultural lands in excess of fifty (50) hectares, insofar as the excess hectarage is concerned, to implement prinCipally the rights of farmers and regular farm workers, who are landless, to own directly or collectively the lands they till, which shall be distributed immediately upon the effectivity | https://www.senate.gov.ph/lisdata/100608624!.pdf | |
Bill | House Bill No. 3917 | 2.011 | 15th | An Act Granting Subsidy To Coconut Farmers, also known as the “Coconut Farmers subdsidy of 2010” | This bill seeks to provide a threshold price of coconuts so that when the price plunges, the National Government will assume its role and alleviate the coconut farmers’ predicament. | When the price of coconuts go below the threshold level, the National Government thru the PCA shall assume the difference between the prevailing market price and the threshold price. The Authority shall ensure that only small-scale rice coconut farmers and coconut farmers with the annual income below the rural poverty threshold will be entitled to the benefits of this act. | http://www.congress.gov.ph/legisdocs/basic_15/HB03917.pdf | |
Law | Republic Act No. 10593 | 2.012 | 15th | An Act Amending Certain Sections Of Republic Act No. 8048, Entitled “An Act Providing For The Regulation Of The Cutting Of Coconut Trees, Its Replenishment, Providing Penalties Therefor, And For Other Purposes” | The Act aims to amend the prohibitions in cutting coconut trees, amend the application fee for permit to cut, and to provide police powers to PCA to investigate suspected violations of this Act. | Amendment: Sec. 4. Prohibition.— No coconut tree shall be cut except in the following cases and only after a permit had been issued therefor: “(a) When the tree is sixty (60) years old in the case of tall varieties, and at least forty (40) years old for dwarf varieties; (c) When the tree is severely disease-infested and beyond rehabilitation; Sec. 5. Permit to Cut. – No coconut tree or trees shall be cut unless a permit therefore, upon due application being made, has been issued by the PCA pursuant to Section 6 of this Act. The applicant shall pay an application fee in the amount of One hundred pesos (P100.00) for every tree intended to be cut payable to the PCA. Section 7. A new Section 7 is hereby inserted after Section 6 of this Act, to read as follows: “SEC. 7. Police Powers. – The PCA shall be vested with the authority to exercise duly delegated police powers for the proper performance of its functions and duties” | https://www.senate.gov.ph/republic_acts/ra%2010593.pdf | |
Bill | House Bill No. 1866 | 2.013 | 16th | An Act Prohibiting Resicada System In The Coconut Industry And For Other Purposes | This Act aims to abolish the Resicada System. “Resicada” is the amount deducted from the prices of copra by reason of its moisture content which exceeded the established standards. It has been established by traders into a scheme to decieve coconut farmers of the real value of their copra produce. | No amount shall be deducted from the prices of copra for reason that its moisture content exceeded the established standards. The buying proce of corpa in barangays, municipalities and provinces shall be in accordance with the latest price index of copra in the local and international markets as provided by the regional officies of the PCA. Municipal governments and barangay councils shall designate a place in their area where buying and selling copra shall be made. | http://www.congress.gov.ph/legisdocs/basic_16/HB01866.pdf | |
Executive Order | Executive Order No. 179 | 2.015 | NULL | Providing The Administrative Guidelines For The Inventory And Privatization Of Coco Levy Assets | This seeks to prescribe administrative guidelines for the treatment of the Coco Levy Assets and the deposit of any privatization proceeds in the Special Account in the General Fund for Coco Levies (Coco Levy SAGF) to ensure that the Coco Levy Funds and Coco Levy Assets will only be utilized for the benefit of the coconut farmers and the Philippine coconut industry. | EO 179 requires the inventory, privatization and reconveyance and in favor of the government of all coconut levy assets, including but not limited to the shares of stock in the United Coconut Planters Bank (UCPB), Coconut Industry Investment Fund (CIIF) Companies and CIIF Holding Companies, as well as the 5,500,000 San Miguel Corporation shares registered in the name of the Presidential Commission on Good Government (PCGG). | https://www.officialgazette.gov.ph/2015/03/18/executive-order-no-179-s-2015/ | |
Executive Order | Executive Order No. 180 | 2.015 | NULL | Providing The Administrative Guidelines For The Reconveyance And Utilization Of Coco Levy Assets For The Benefit Of The Coconut Farmers And The Development Of The Coconut Industry, And For Other Purposes | This seeks to prescribe administrative guidelines for the reconveyance and utilization of the Coco Levy Assets already declared by the Supreme Court as owned by the Government, to ensure that Coco Levy Assets will only be utilized for the benefit of the coconut farmers, and the Philippine coconut industry. | EO180 ordered the immediate transfer and reconveyance of the coconut levy assets to the government and use them for the Integrated Coconut Industry Roadmap and the Roadmap for Coco Levy. The PCA, in coordination with the Office of the Presidential Assistant for Food, Security, and Agricultural Modernization, is hereby directed to develop and submit the Roadmap, for the approval of the President. | https://www.officialgazette.gov.ph/downloads/2015/03mar/20150318-EO-0179-BSA.pdf | |
Bill | House Bill No. 1369 | 2.016 | 17th | An Act Providing The Enabling Mechanisms For Research And Development Of Coconut Sugar In The Country And Appropriating Funds Therefor, also known as the “Coconut Sugar Research and Development Act” | This bill seeks to further boost the coconut industry in the country by providing the mechanisms to fund the research and development of cooc sugar to ensure this product’s conformity with internationally accepted standards for food and safety. It is hoped that this meqasure will improve the lives of the Filipino families who are directly and indirectly dependent on the coconut industry. | The Department of Science and Technology, in coordination with the Philippine Coconut Authority, Department of Agriculture, and the Food and Nutrition Research Institute, shall conduct an extensive R&D study on the health benefits and nutritional value of coconut sugar in order to develop the same and ensure its compliance with internationally accepted standards on food and safety. The Landbank of the Philippines is hereby mandated to formulate a Coconut Sugar Credit Facility and Loan Package Window, which shall extend tlow interest loans to small and medium enterprises seeking to venture into the business of promoting the consumption and utilization of coconut sugar. | http://www.congress.gov.ph/legisdocs/basic_17/HB01369.pdf | |
Bill | House Bill No. 1370 | 2.016 | 17th | An Act Providing Coconut Husk Decorticating Facilities To Coconut Farmers, also known as the “Kasaganaan sa Niyugan Act” | This measure seeks to provide decorticating machines to small coconut farmers’ organizations and multi-purpose cooperatives in every coconut-producing municipality and city in the country to help them produce the desired quantity and quality of the coir fibers within a short period of time. | The Department of Agriculture shall provide low maintenance, high output mobile decorticating machines to small coconut farmers’ organizations and multi-purpose cooperatives in every coconut-producing municipality and city in the country. The amount of One Hundred Million is initially appropriated for the program. | http://www.congress.gov.ph/legisdocs/basic_17/HB01370.pdf | |
Bill | House Bill No. 3947 | 2.016 | 17th | An Act Establishing The Coconut Research, Development And Extension Center In The Southern Luzon State University And Appropriating Funds Therefor | The bill aims to establish a Center based at the Southern Luzon State Universiyt (SLSU) which shall help catalyze the advancement of coconut research, development and extension to make the industry nationally productive and globally competitive. | This Act shall establish the Coconut Research, Development, and Extension Center. The Center shall be based in SLSU located at the Municipality of Lucban, Province of Quezon. The Center shall coordinate with the DA through the BAR, PCA. DOST, DTI, NEDA and PCARRD in training stakeholders, conducting researchers, extending technologies, adn analyzing demand and supply of coconut in the domestic and international market. | http://www.congress.gov.ph/legisdocs/basic_17/HB03947.pdf | |
Bill | House Bill No. 6479 | 2.017 | 17th | An Act Establishing Quezon Coconut Research And Development Center In Catanauan, Quezon, also known as the “Quezon Coconut Research and Development Act of 2017” | This bill aims to establish a coconut research and development facility in Quezon, particularly in the Municipality of Catanauan, that will serve as the primary research institute for coconut production in the province. | There is hereby established the “Quezon Coconut Research and Development Center” in the municiplaity of Catanauan, Quezon that will serve as the province’s primary institute in conducting research on resilient coconut species, innovation of farming techniques, and development of coconut products. The DOST, DA, DTI, PCA, and the local government of the province of Quezon and Municipality of Catanauan shall enter into a multi-partite cooperation agreement to establish and issue the mandate and functions of the Center and integrate knowledge and capacility for the innovation of the coconut industry. | http://www.congress.gov.ph/legisdocs/basic_17/HB06479.pdf | |
Bill | House Bill No. 8552 | 2.018 | 17th | An Act Further Strengthening The Philippine Coconut Authority (PCA), Amending For The Purpose Section 4 Of Presidential Decree No. 1468, Otherwise Known As The “Revised Coconut Industry Code”, As Amended | The bill seeks to strengthen the structure and the functions of the Philippine Coconut Authority by amending PD 1468, otherwise known as the “Revised Coconut Industry Code” | Section 4. Governing Board – The corporate powers and duties of the PCA shall be vested in and exercised by a Board of Fifteen members, as follows: I.) Six (6) members from the coconut farmers sector J) One (1) representative from the coconut processing industry sector PCA is hereby authorized to implement a reorganization plan to rationalize its staffing pattern, which shall include a dedicated unit for planning, evaluation of proposals, and monitoring of the implementation of programs and projects under the coconut farmers and industry development trust fund. | http://www.congress.gov.ph/legisdocs/third_17/HBT8552.pdf | |
Bill | Senate Bill No. 1976 | 2.018 | 17th | An Act To Further Strengthen The Philippine Coconut Authority (PCA), Repealing PD No. 1468, Otherwise Known As The Revised Coconut Industry Code Of 1978, As Amended, also known as the “Strengthened Philippine Coconut Authority Law” | This bill aims to further strengthen the Philippine Coconut Authority and increase the representation of coconut farmers in the reconstituted PCA board that will ensure that the protection of farmers’ interest in the agency’s decision-making process. | Sec. 5 The corporate powers and duties of the PCA shall be vested in and exercised by a Governing Board. The Governing Board of the PCA is hereby reconstituted to be composed of 11 members. c. Six (6) representatives from the coconut farmers sector, 2 each for Luzon, Visayas, and Mindanao. The PCA shall formulate a coconut industry roadmap which shall be the basis of its performance and evaluation. | https://www.senate.gov.ph/lisdata/2851925129!.pdf | |
Bill | Senate Bill No. 1913 | 2.018 | 17th | An Act To Further Strengthen The Philippine Coconut Authority, Repealing Pd No. 1468 Otherwise Known As The Revised Coconut Industry Code Of 1978, As Amended | This bill seeks to introducte an icnreased representation of coconut farmers in the reconstituted PCA board that will ensure that the protection of farmers’ interest in the agency’s decision-making process. | Sec. 5 The corporate powers and duties of the PCA shall be vested in and exercised by a Governing Board. The Governing Board of the PCA is hereby reconstituted to be composed of 11 members. c. Six (6) representatives from the coconut farmers sector, 2 each for Luzon, Visayas, and Mindanao. Sec. 4. The PCA shall execute a reorganization plan and create a dedicated unit for the planning, monitoring and evaluation of the CFITF funded programs and report annually their accomplishments and performance to both Houses of Congress and publish the same in the PCA website | https://www.senate.gov.ph/lisdata/2827624603!.pdf | |
Bill | House Bill No. 255 | 2.019 | 18th | An Act Creating The Genuine Small Coconut Farmers’ Fund And For Other Purposes, also known as the “Genuine Small Coconut Farmers’ Fund Act of 2016” | This bill seeks to address the concern of small coconut farmers. It is meant to effect the return of the control of the coco levy funds to their rightful owners, the millions of small coconut farmers; providing therefor a mechanism so that their rights and interest to those funds shall be protected; and so that they may exercise their ownership rights over the funds and may dispose these as they see fit in line with the development of the local coconut industry. | All the funds established from the proceeds of the levies, including but not limited to the Coconut Investment Fund (CIF), the Coconut Consumers Stabilization Fund (CCSF), the Coconut Industry Development Fund (CIDF), the Coconut Development Fund (CDF), the Coconut Industry Stabilization Fund (CISF), the Coconut Reserved Fund (CRF) as well as all assets acquired or established therefrom – such as but not limited to the United Coconut Planters Bank (UCPB) established and/or acquired under PD 755, the Coconut Industry Investment Fund Companies (CIIFC), and all other assets acquired, established or set up using the coconut levy collections shall form part of a single fund which is hereby created to be known as the Genuine Small Coconut Farmers’ Fund (GSCFF). | http://www.congress.gov.ph/legisdocs/basic_18/HB00255.pdf | |
Bill | House Bill No. 10 | 2.019 | 18th | An Act Declaring The Coconut Levy Assets As A Trust Fund, Providing For Its Management And Utilization, Authorizing The Privatization And Management Office To Dispose The Coconut Levy Assets, And For Other Purposes, also known as the “Coconut Farmers and Industry Trust Fund Act.” | This Act aims to make sure that the coconut farmers benefit from the coco levy fund; that more funds will be provided for infrastructure and research to strengthen the coconut industry, and efforts shall be supported to recover the remaining funds. | Reconstitutes the Philippine Coconut Authority to ensure the participation of coconut farmers in the crafting and implementation of the Coconut Farmers and Industry Development Plan ;Creates a Coconut Farmers and Industry Trust Fund which shall be capitalized, managed, invested, utilized and accounted for in the manner provided in this Act and shall be used for the benefit of the coconut farmers and the development of the coconut industry; Mandates the Designated Disposition Entities assigned by the Trust Fund Management Committee to privatized or disposed Coco Levy Assets subject to the regulatory approvals as required by law and to take title to and possession of, conserve, provisionally manage, and dispose the Coco Levy Assets which have been identified for privatization and disposition. | http://www.congress.gov.ph/legisdocs/basic_18/HB00010.pdf | |
Bill | House Bill No. 166 | 2.019 | 18th | An Act Establishing The Coconut Farmers And Industry Development Trust Fund And Providing For Its Management And Utilization | This bill aims to let the coconut levy funds be utilized for the benefit of the coconut farmers and for the development of the coconut industry. | Seeks to create a trust fund to be maintained for a period not to exceed thirty (30) years or until the fund is fully utilized which shall be used exclusively for the ultimate benefit of coconut farmers and for the development of the coconut industry. Provides for a Ten Billion Pesos (Php 10,000,000,000.00) Jumpstart Fund which may be used within two (2) years commencing from the approval of the Plan by the President to jumpstart the development of the industry; Creates the Coconut Farmers and Industry Trust Fund Committee to coordinate and monitor the implementation of the Coconut Farmers and Industry Development Plan; Conducts complete accounting and inventory of all Coconut Levy Assets by the PCGG; Allows audit by the Commission on Audit on the inventory of the Coconut Levy Assets prepared by the PCGG; and allows privatization of non-cash coconut levy assets which shall be determine by the Governance Commission for Government-Owned or Controlled Corporations. | http://www.congress.gov.ph/legisdocs/basic_18/HB00166.pdf | |
Bill | House Bill No. 2522 | 2.019 | 18th | An Act Creating The Coconut Industry Trust Fund, Providing For Its Management And For Other Purposes | This Act has the following objectives: a. Promote the steady, accelerated and orderly development and vertical integration of the coconut industry; b. Develop and establish coconut based farming systems including but not limited to the establishment of model coconut farms; c. Hasten and advance industrialization in the coconut industry and the diversification and proper utilization of coconut products and by-products; d. Promote the effective utilization and marketing of coconut products and by-products in the domestic and foreign markets and preserve the competitiveness and reliability of the country as a major producer and supplier of said products; e. Increase production by expanding the planting and replanting progrma of coconut trees in strategic areas identified as having the most potential; f. Conduct scientific researches and investigations in all areas pertaining to the agricultural, industrial, marketing and socio-economic aspect of the coconut industry and encourage the participation of small holder farmers in research and technology; g. Encourage and promote organization of coconut farmers’ cooperatives, associations and organization and provide them grants, credits and financing schemes; and h. Generate and disseminate information and communication to farmers, producers, and other sectors to ensure the appreciation and adoption of appropriate technology and practices, inventions, as well as the proper awareness and correct underswtanding of issues and development in the coconut industry | There is hereby created a trust fund to be known as the Coconut Industry Trust Fund (CITF) from the funds and assets of the so-called coconut levy funds consisting of the 753,848,312 CIIF Preferred SMC shares and their accumulated dividends. There is hereby created under the Office of the President of the Philippines, the Philippine Coconut Welfare and Industry Development Corporation which shall manage, administer, utilize, or dipose certain assets of the CITF. | http://www.congress.gov.ph/legisdocs/basic_18/HB02522.pdf | |
Bill | House Bill No. 2549 | 2.019 | 18th | An Act Establishing The Coconut Farmers and Industry Development Trust Fund, Providing For Its Management And For Other Purposes, also known as the “Coconut Farmers and Industry Development Trust Fund Act” | Estimates by the PCA show that there are 3.5 million coconut farmers who are among the nation’s poorest. This is why it is high time to resolve the issues on the Coco Levy Fund that was supposed to be utilized for the development of the coconut industry. | Coconut Levy Funds refer to any and all kinds of property, whether real or personal, tangible or intangible, wherever situated, which have been acquired through or otherwise funded by the Coconut Levy Funds. There is hereby created a trust fund to be maintained for a period not to exceed thirty (30) years or until the fund is fully utilized to be known as the Coconut Farmers and Industry Development Trust Fund, which shall consist of the Trust Principal and Trust Income. | http://www.congress.gov.ph/legisdocs/basic_18/HB02549.pdf | |
Bill | House Bill No. 2552 | 2.019 | 18th | An Act Establishing The Coconut Farmers And Industry Development Trust Fund And Providing For Its Management And Utilization | This bill seeks to address the decades-long struggle of coconut farmers by enacting a genuine law on the use of the coconut levy funds. It is meant to provide a mechanism to protect the rights, welfare, and interest of the small and marginalized coconut farmers and farm workers. | Coconut Levy Funds shall refer to various funds generated from leives, taxes, charges, and other fees exacted or imposed pursuant to or in connection with the sale of opra rececada or its equivalent in other coconut products, and collected for the most part from coconut farmers, planter, millers, refiners, processors, exporter, dessicators, and other end-users of copra rececada or its equivalent in other products. There is hereby created a trust fund to be maintained for a period not to exceed thirty (30) years or until the fund is fully utilized to be known as the Coconut Farmers and Industry Development Trust Fund, which shall consist of the Trust Principal and Trust Income. | http://www.congress.gov.ph/legisdocs/basic_18/HB02552.pdf | |
Bill | House Bill No. 854 | 2.019 | 18th | An Act Declaring The Coconut Levy Assets As A Trust Fund, Providing For Its Management And Utilization, Authorizing The Privatization And Management Office To Dispose The Coconut Levy Assets, And For Other Purposes, also known as the “Coconut Farmers and Industry Development Act” | This bill aims to create a permanent trust fund for the Coco Levy Fund to be utilized for the development of the coconut industry to improve productivity and diversification of the coconut industry, which can effectively translate to a better quality of life of our coconut farmers. | Coconut Levy Funds shall refer to various funds generated from leives, taxes, charges, and other fees exacted or imposed pursuant to or in connection with the sale of opra rececada or its equivalent in other coconut products, and collected for the most part from coconut farmers, planter, millers, refiners, processors, exporter, dessicators, and other end-users of copra rececada or its equivalent in other products. The Coconut Levy Assets are hereby declared as a trust fund to be known as the “Coconut Farmers and Industry Trust Fund” | http://www.congress.gov.ph/legisdocs/basic_18/HB00854.pdf | |
Bill | House Bill No. 1242 | 2.019 | 18th | An Act Establishing The Coconut Farmers And Industry Development Trust Fund And Providing For Its Management And Utilization, also known as the ” “Coconut Farmers and Industry Development Act” | This bill aims to revive the moribund coconut industry by authorizing the use of the Coco Levy Fund through the creation of the Coconut Farmers and Industry Development Trust Fund. | Coconut Levy Funds shall refer to various funds generated from leives, taxes, charges, and other fees exacted or imposed pursuant to or in connection with the sale of opra rececada or its equivalent in other coconut products, and collected for the most part from coconut farmers, planter, millers, refiners, processors, exporter, dessicators, and other end-users of copra rececada or its equivalent in other products. There is hereby created a trust fund to be maintained for a period not to exceed thirty (30) years or until the fund is fully utilized to be known as the Coconut Farmers and Industry Development Trust Fund, which shall consist of the Trust Principal and Trust Income. | http://www.congress.gov.ph/legisdocs/basic_18/HB01242.pdf | |
Bill | House Bill No. 2434 | 2.019 | 18th | An Act Establishing The Coconut Farmers And Industry Trust Fund And Providing For Its Management And Utilization, also known as the ” “Coconut Farmers and Industry Development Act” | The bill aims to consolidate the benefits due to the farmers, especially the poor and marginalized, under the various statutes and the Coco Levy Fund and to expedite thereof to attain a balanced, equitable, integrated and sustainable growth and development of the coconut industry. | Coconut Levy Funds shall refer to various funds generated from leives, taxes, charges, and other fees exacted or imposed pursuant to or in connection with the sale of opra rececada or its equivalent in other coconut products, and collected for the most part from coconut farmers, planter, millers, refiners, processors, exporter, dessicators, and other end-users of copra rececada or its equivalent in other products.There is hereby created a perpetual trust fund to be known as the Coconut Farmers and Industry Development Trust Fund, which shall consist of the Trust Principal and Trust Income. | http://www.congress.gov.ph/legisdocs/basic_18/HB02434.pdf | |
Bill | House Bill No. 1417 | 2.019 | 18th | An Act Establishing The Coconut Farmers And Industry Trust Fund And Providing For Its Management And Utilization, also known as the ” “Coconut Farmers and Industry Development Act” | This bill aims to create a permanent trust fund for the Coco Levy Fund to be utilized for the development of the coconut industry to improve productivity and diversification of the coconut industry, which can effectively translate to a better quality of life of our coconut farmers. | Coconut Levy Funds refer to any and all kinds of property, whether real or personal, tangible or intangible, wherever situated, which have been acquired through or otherwise funded by the Coconut Levy Funds.There is hereby created a trust fund to be maintained for a period not to exceed thirty (30) years or until the fund is fully utilized to be known as the Coconut Farmers and Industry Development Trust Fund, which shall consist of the Trust Principal and Trust Income. | http://www.congress.gov.ph/legisdocs/basic_18/HB01417.pdf | |
Bill | House Bill No. 2610 | 2.019 | 18th | An Act Establishing The Coconut Farmers And Industry Development Trust Funds And Providing For Its Management And Utilization, Prioritizing But Not Limited To Coconut Farmers Cooperative Organization | This bill seeks for the creation and establishment of coconut farmers and industry development trust fund to benefit the coconut farmers which has been long overdue that deprived utilization of our poor farmers being declared conclusively owned by the Republic of the Philippines to be used exclusively to all coconut farmers and for the development of the coconut industry. | Coconut Levy Assets refer to any and all kinds of property, whether real or personal, tangible or intangible, wherever situated, which have been acquired through or otherwise funded by the Coconut Levy Funds. There is hereby created a trust fund to be maintained for a period not to exceed thirty (30) years or until the fund is fully utilized to be known as the Coconut Farmers and Industry Development Trust Fund, which shall consist of the Trust Principal and Trust Income. | http://www.congress.gov.ph/legisdocs/basic_18/HB02610.pdf | |
Bill | House Bill No. 2657 | 2.019 | 18th | An Act Establishing The Coconut Farmers And Industry Development Trust Fund And Providing For Its Management And Utilization | The coconut industry has been waiting for a legislative action that will finally enable the sector to address the serious concerns that it has been confronted with for so long. The Coconut Levy Funds has still to be utilized for the benefit of the coconut farmers and for the development of the coconut industry. | Coconut Levy Assets refer to any and all kinds of property, whether real or personal, tangible or intangible, wherever situated, which have been acquired through or otherwise funded by the Coconut Levy Funds. There is hereby created a trust fund to be maintained for a period not to exceed thirty (30) years or until the fund is fully utilized to be known as the Coconut Farmers and Industry Development Trust Fund, which shall consist of the Trust Principal and Trust Income. | http://www.congress.gov.ph/legisdocs/basic_18/HB02657.pdf | |
Bill | House Bill No. 3192 | 2.019 | 18th | An Act Declaring The Coconut Levy Assets As The Coconut Farmers And Industry Trust Fund, Providing For Its Management And Utilization, Authorizing The Privatization And Management Office To Dispose The Coconut Levy Assets, And For Other Purposes | The bill aims to create a special fund that shall be called the Coconut Farmers and Industry Development Trust Fund. This trust fund shall originate from the coconut levy fund and its assets and shall be allocated to support our coocnut farmers and for the research and development of the coconut industry in the country, in compliance with the Supreme Court decision. | There is hereby created a trust fund to be maintained for a period not to exceed thirty (30) years or until the fund is fully utilized to be known as the Coconut Farmers and Industry Development Trust Fund, which shall consist of the Trust Principal and Trust Income. The Trust Fund shall be used eclusively for the ultimate benefit of coconut farmers and for the development of the coconut industry., as embodied in the Coconut Farmers and Industry Development Plan to be prepared pursuant to Section 21 hereof. | http://www.congress.gov.ph/legisdocs/basic_18/HB03192.pdf | |
Bill | House Bill No. 3233 | 2.019 | 18th | An Act Establishing The Coconut Farmers And Industry Development Trust Fund And Providing For Its Management And Utilization | In line with the 1987 Constitution’s mandate, this bill is seen as timely and necessary measure to consolidate all assets and benefits emanating from the coconut levy in order to create a trust fund for the exclusive benefit of coconut farmers and farm workers as embodied in the Coconut Farmers Development Fund. | Coconut Levy Assets refer to any and all kinds of property, whether real or personal, tangible or intangible, wherever situated, which have been acquired through or otherwise funded by the Coconut Levy Funds. There is hereby created a trust fund to be maintained for a period not to exceed thirty (30) years or until the fund is fully utilized to be known as the Coconut Farmers and Industry Development Trust Fund, which shall consist of the Trust Principal and Trust Income. | http://www.congress.gov.ph/legisdocs/basic_18/HB03223.pdf | |
Bill | House Bill No. 1035 | 2.019 | 18th | An Act Revitalizing The Coconut Industry, Appropriating Funds Therefor And For Other Purposes, also known as the “Coconut Industry Development Act of 2016” | This Act has the following objectives: a. Promote the steady, accelerated and orderly development and vertical integration of the coconut industry; b. Develop and establish coconut based farming systems including but not limited to the establishment of model coconut farms; c. Hasten and advance industrialization in the coconut industry and the diversification and proper utilization of coconut products and by-products; d. Promote the effective utilization and marketing of coconut products and by-products in the domestic and foreign markets and preserve the competitiveness and reliability of the country as a major producer and supplier of said products; e. Increase production by expanding the planting and replanting progrma of coconut trees in strategic areas identified as having the most potential; f. Conduct scientific researches and investigations in all areas pertaining to the agricultural, industrial, marketing and socio-economic aspect of the coconut industry and encourage the participation of small holder farmers in research and technology; g. Encourage and promote organization of coconut farmers’ cooperatives, associations and organization and provide them grants, credits and financing schemes; and h. Generate and disseminate information and communication to farmers, producers, and other sectors to ensure the appreciation and adoption of appropriate technology and practices, inventions, as well as the proper awareness and correct underswtanding of issues and development in the coconut industry | It is the policy of the State to recognize the essential role of coconut as a strategic, indigenous, replenishable and renewable source of livelihood for a great number of people. There is hereby created and established a corporate body known as the Philippine Coconut Industry Development Authority (PHILCIDA). The Authority shall formulate and adopt a general program of development geared towards increased farm productivity, though planting or replanting of suitable seedling varieties, rehabilitation and fertilization of coconut, integrated coconut-based farming systems and product processing, and whenever necessary, the construction of related support and infrastructure facilities, among others. There is hereby established a National Coconut Development Fund to be administered by the Authority for the purpose of financing the growth and development of the coconut industry, including human resource development, training of farmers and other related activities. | http://www.congress.gov.ph/legisdocs/basic_18/HB01035.pdf | |
Bill | House Bill No. 2113 | 2.019 | 18th | An Act Establishing The Central Visayas Coconut Seed Production Center In The Municipality Of Ubay, Province Of Bohol, And Appropriating Funds Therefor | To help improve the coconut industry in Bohol and the entire Central Visayas Region, this bill seeks to establish the Central Visayas Coconut Seed Production Center to be located in Ubay, Bohol. The Center will provide research, technology and training for the Central Visayas with the hope that it will open more job and opprtunities and eventually improve their quality of life. | There shall be established, under the supervision of PCA, the Central Visayas Coconut Seed Production Center, hereinafter referred to as the “Center” in the Municipaplity of Ubay, Province of Bohol. The Center will formulate and offer progrqams that will provide knowledge, technology and training on coconut production to coconut farmers in Central Visayas taking into account their socio-economic profile, literacy and employment conditions. It will likewise provide assistance on the processing and marketing of coconuts and by-products thereof. | http://www.congress.gov.ph/legisdocs/basic_18/HB02113.pdf | |
Bill | House Bill No. 3192 | 2.019 | 18th | An Act Establishing A Coconut Research And Development Center In The Municipality Of Catanauan, Province Of Quezon, And Appropriating Funds Therefor | This bill seeks to revitalize coconut production and enterprise development through the establishment of a coconut industry research and development center in Quezon Province that is geographically accessible to coconut farmers and students of industry-related disciplines as well. | There is hereby established the “Quezon Coconut Research Center” hereinafter referred to as Center, which shall be under the management of the Philippines Coconut Authority (PCA). The Center shall conduct applied research and verify generated technologies on coconut and all its phases of production, processing, management and utilization, towards maximizing its nutritive, health, economic and ecological potentials, among others. The Office of the President through PCA, the DA through BAR, the DTI, and the PCARRD of DOST shall enter into a multi-partite cooperation agreement to provide for the design of the facility, its operations and services, and shall prepare the organizational structure and personnal complement, the proposed furniture and fixtures, the equipment components of the Center and the estimated costs thereof. | http://www.congress.gov.ph/legisdocs/basic_18/HB03089.pdf | |
Bill | Senate Bill No. 1369 | 2.020 | 18th | An Act Creating The Coconut Farmers And Industry Trust Fund, Providing For Its Management And Utilization, Reconstituting For The Purpose The Philippine Coconut Authority Board, And For Other Purposes, also known as the “Coconut Farmers and Industry Trust Fund Act” | The bill aims to consolidate the benefits due to the farmers, especially the poor and marginalized, under the various statutes and to expedite thereof to attain increased incomes for coconut farmers, alleviate poverty, and achieve social equity. | Coconut LevyAssets shall refer to any and all kinds of property, whether real or personal, tangible or intangible, wherever situated, which have been acquired through the Coconut Levy Funds as defined in this Section, including those assets that may be recovered in favor of the government, as well as the fruits or income therefrom. There is hereby created a Trust Fund to be known as the “Coconut Farmers and Industry Trust Fund,” referred to in this Act as the “Trust Fund,” which shall be capitalized, managed, invested, utilized and accounted for in the manner provided in this Act. The PCA, an independent public corporation created underPresidential Decree No. 1468, shall be reconstituted andstrengthened to ensure the participation of coconut farmers in the crafting and implementation of the Coconut Farmers and Industry Development Plan. The composition of the PCA Board is hereby amended. | https://www.senate.gov.ph/lisdata/3248229334!.pdf | |
Bill | Senate Bill No. 1127 | 2.020 | 18th | An Act Establishing The Coconut Trust Fund, Providing For Its Management And Utilization, Reconstituting The Philippine Coconut Authority, And For Other Purposes | This bill seeks to reinvigorate the PCA, safeguard with the Department of Finance (DOF) and the Privatization and Management Office (PMO) the Coco-Levy Assets, and finally initiate the distribution o f the long-awaited coco-levy funds, if only partially and very prudently. | The cash collections shall remain at the Bureau of Treasury. A management group composed of the Department of Finance (DOF), the Bureau of Treasury (BTr), the Privatization and Management Office (PMO), the Philippine Coconut Authority (PCA), the Commission on Audit (COA), the Presidential Commission on Good Governance (PCGG), and farmer representatives will be constituted to manage and most conservatively invest the funds. The PMO, with the PCGG and COA’s assistance, will assess, value, and dispose of assets. The PCA shall be modestly reconstituted as the Coconut Farmers and Industry Development Fund’s implementing arm for the annual five billion pesos (PhP 5,000,000,000.00) of development projects annually. The consolidated and confirmed National Registry of Coconut Farmers will be the basis for the further five billion pesos (PhP 5,000,000,000.00) to be given as social assistance, livelihood, and job programs for small marginalized coconut farmers. | https://www.senate.gov.ph/lisdata/3173928628!.pdf | |
Bill | Senate Bill No. 1052 | 2.020 | 18th | An Act Creating The Coconut Farmers And Industry Trust Fund, Providing For Its Management And Utilization, Reconstituting For The Purpose The Philippine Coconut Authority Board, And For Other Purposes | This bill aims to plow back the monies to the coconut industry for the ulitmate benefit of not only our coconut farmers but the entire agricultural economy. | The Coconut Farmers and Industry Trust Fund is being created, to be managed and disbursed in accordance with the Coconut Farmers and Industry Development Plan, which will be prepared by the Philippine Coconut Authority (PCA) in consultation with the coconut farmers and their organizations, industry associations, civil society organizations, academe, government agencies concerned, and other stakeholders in the coconut industry and approved by the President of the Philippines. The Plan shall set the directions and policies for the development and rehabilitation of the coconut industry for the next ninety-nine (99) years, the life-span of the Trust Fund. The utilization of the Trust Fund shall be for provisions of facilities essential to the industry, empowerment of coconut farmers’ organizations and cooperatives, farm improvement to encourage self-sufficiency, scholarship program, and health and medical program for industry members. | https://www.senate.gov.ph/lisdata/3156228408!.pdf | |
Bill | Senate Bill No. 549 | 2.020 | 18th | An Act Providing The Enabling Mechanisms For Research And Development (R&D) Of Coconut Sugar In The Country, Appropriating Funds Therefor And For Other Purposes | This measure seeks to further boost the coconut industry in the country by providing the mechanisms to fund the research and development (R&D) of coco sugar to ensure this product’s conformity with internationally accepted standards for food and safety. This measure intends to improve the lives of Filipino families who are directly and indirectly dependent on the coconut industry. | The Department of Science and Technology, in coordination with the Philippine Coconut Authority, Department of Agriculture, and the Food and Nutrition Research Institute, shall conduct an extensive R&D study on the health benefits and nutritional value of coconut sugar in order to develop the same and ensure its compliance with internationally accepted standards on food and safety. The Landbank of the Philippines is hereby mandated to formulate a Coconut Sugar Credit Facility and Loan Package Window, which shall extend tlow interest loans to small and medium enterprises seeking to venture into the business of promoting the consumption and utilization of coconut sugar. | https://www.senate.gov.ph/lisdata/3093227794!.pdf | |
Bill | Senate Bill No. 266 | 2.020 | 18th | An Act Creating The Coconut Farmers And Industry Trust Fund, Providing For Its Management And Utilization, Reconstituting For The Purpose The Philippine Coconut Authority (Pca) And For Other Purposes | This measure mandates the Privatization and Management Office (PMO) to privatize all assets acquired through the use of the Coco Levy Funds. Upon privatization, the funds generated shall then be transferred to a Trust Fund to be known as the Coconut Farmers and Industry Fund, to be created under this proposed legislation. | This bill shall also reconstitute the Philippine Coconut Authority (PCA) with the majority of the Board members coming from the coconut farmers and industry sectors. The reconstituted PCA shall craft the Coconut Farmers and Industry Development Plan, manage the Trust Fund; including its investment to government securities and implement the Plan through the implementing agencies. A menu of programs to be funded by the Trust Fund are also listed in the bill. In order to expedite the rehabilitation and development of the coconut industry, the Trust Fund shall be maintained for a period of twenty-five (25) years from the effectivity of this proposed measure. This bill also guarantees an annual appropriation of Ten Billion Pesos (PI0,0000,000.00) for the PCA to augment the Trust Fund and support other programs that will increase the income of farmers. | https://www.senate.gov.ph/lisdata/3054927409!.pdf | |
Bill | Senate Bill No. 31 | 2.020 | 18th | An Act Creating The Coconut Farmers And Industry Trust Fund, Providing For Its Management And Utilization, And For Other Purposes | This bill seeks the establishment of a Trust Fund dedicated for the benefit of coconut farmers and development of the coconut industry. Further, this measure aims to create the mechanism for the mandates prescribed by different Supreme Court decisions on the disposition of some of the coconut levy assets; to conform to governmental procedures on the management and utilization of the available coco levy funds; and to realize the aspirations of the coconut farmers on how the coco levy funds can be managed, invested, allocated, and utilized. | There is hereby created a trust fund to be known as the “Coconut Farmers and Industry Trust Fund,” herein referred to as the “Trust Fund,” which shall be capitalized, managed, invested, utilized, and accounted for in the manner provided in this Act. The Trust Fund shall be perpetually maintained and shall be used exclusively for the benefit of the coconut farmers and for the development of the coconut industry. | https://www.senate.gov.ph/lisdata/3024727076!.pdf |
Program Title | Program Description | Productivity Management Program | This Program aims to provide a holistic approach in the delivery of interventions in the farm-level. It is focused on contributing to the desired state of a well-managed production responsive to the demand of the industry for both coconut and oil palm. |
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Philippine Coconut Authority (PCA) | Agricultural Research Program | This Program aims to provide a farm-driven and farmer-focused research outputs that will address the challenges, as well as support the interventions under the Productivity Enhancement Program. It is focused on contributing to the desired state of a well-managed production responsive to the demand of the industry. |
Philippine Coconut Authority (PCA) | Community Enterprise Development Program | This Program aims to provide a holistic approach in delivering interventions to provide access to additional income sources for the coconut farmers. This community development system will provide a venue for the transition of coconut farmers from subsistence farming to agribusinessizing, primarily for primary processing. This introduction of cocopreneurship to farmers intends to contribute to the desired state of increased income for farmers |
Philippine Coconut Authority (PCA) | Cocohub Enterprise Development Program | This Program aims to provide a holistic approach in delivering interventions to provide coconut farmer organizations (CFOs) a more commercial enterprise undertaking. This enterprise development system will provide a formal business set-up structured to domestically utilize coconut for final processing for the market. This intends to contribute to the desired state of increased competitiveness of coconut products to expand market reach. Project: Community/Household-level Coconut Processing Project |
Philippine Coconut Authority (PCA) | Product Development Program | This Program aims to provide a market-driven, processor and consumer-focused research outputs that will address the challenges, as well as support the interventions under the Enterprise Development Programs. This intends to contribute to the desired state of increased competitiveness of coconut products to expand market reach. |
Philippine Coconut Authority (PCA) | Accelerated Coconut Planting and Replanting Program (ACPRP) | This program aims to promote the full utilization of idle lands suitable for palm and coconut production. ACPRP is a set of interventions designed to stimulate planting and replanting of coconut farms in the country. It will help address the high demand of coconut products and by products both domestically and internationally. It is also an effort to step up to retain the country’s position as one of the world’s leading supplier of coconut products and as the second top coconut producing country. |
Philippine Coconut Authority (PCA) | Indigenous People Outreach Project (IPOP) | This project was devised to encourage the “Lumads” or Indigenous people to develop their lands for coconut production. Like the CSDP, this project involves the distribution of good quality seedlings to the participants and at the same time giving them Php20.00 monetary incentive for every coconut tree established on the field. |
Philippine Coconut Authority (PCA) | National Coconut Planting/Replanting (Participatory Coconut Planting Program) | Coconut planting and replanting using open pollinated varieties (OPVs) in identified idle open areas suitable for coconut planting, and in area where senile coconut trees are cut in accordance with the implementation of RA 8048. |
Philippine Coconut Authority (PCA) | Oil Palm Industry Development Program | The Smallholders Oil Palm Plantation Development Project aims to develop highly suitable idle lands into oil palm plantation and/or undertake replanting of existing oil palm plantations using high yield F1 hybrids to increase areas allotted to oil palm and improve the current oil palm populations. It also involves the identification of farmers with existing oil palm plantation especially those with outgrowership arrangement with the oil palm mills and providing them with appropriate fertilizers to rehabilitate the palm to increase production. |
FAO / PCA / DAR / DENR / NCIP | Coconut-Based Farming Systems programme | This program is part of the FAO’s USD 39.7 million Typhoon Haiyan Strategic Response Plan aiming to address the recovery needs of affected farming families. Through the programme, activities were designed to enable small-scale coconut farmers to plant short term vegetable cash crops and annual crops to provide alternative livelihood sources, while also integrating climate-smart farming technologies. By providing alternative coconut-based farming livelihoods in the targeted communities, the programme helped restore agricultural production, increased access to alternative certified seeds and quality planting materials, improved crop varieties and animal breeds, and introduced new methods of agro-ecology. |
Worldbank / PCA | Small Coconut Farms Development Project | The need for a long term development program for the coconut sector has been recognized for many years. This project will constitute the first phase of a long term small coconut farms development program, which, over the next twenty years, will result in the replanting of some 743,000 ha of senile coconuts and the rehabilitation of 418,000 ha of low bearing palms. Project objectives are to : a) launch a long term program of coconut replanting and productivity improvement; b) increase the incomes of coconut smallholders by improving coconut yields and copra quality; and c) boost foreign exchange earnings by ensuring an increasing and reliable supply of higher quality copra for processing and export. Project components include : 1) establishment of seedgardens, nurseries and other infrastructure sufficient to sustain a long term program of replanting 50,000 ha of senile palms per annum; 2) replant 25,000 ha and support intercropping during the first 3 years of replanting; 3) rehabilitate 348,000 ha of middle aged palms and support the development of 50,000 ha of immature palms; 4) support a pilot copra quality improvement program; and 5) provide for the institutional strengthening of the Philippines Coconut Authority (PCA). |
Worldbank / DA | Philippine Rural Development Project (PRDP) | PRDP is a six-year national project under the Department of Agriculture (DA) that aims to establish a modern, value chain-oriented and climate-resilient agriculture and fisheries sector. In partnership with local government units (LGUs) and the private sector, the Project shall provide key infrastructure, facilities, technology and information to raise incomes, productivity and competitiveness in targeted areas. Likewise, it aims to strengthen good governance, transparency and accountability mechanisms at all stages of the project cycle. It also intends to operationalize a local-level convergence platform among relevant national line agencies and other stakeholders such as the private sector, civil society and academe to synergize programs and projects. This multi-stakeholder convergence is seen to facilitate the implementation of more relevant interventions that benefit a bigger segment of farmers and fishers, ushering them towards inclusive growth. |
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Discuss potential risks and challenges specific to vegetable farming, such as pests, weather conditions, or market fluctuations. Develop strategies to minimize these risks and ensure the long-term sustainability of your business. Here Is The Download Link To Business Plan Proposal For Organic Vegetable Farming By Agrolearner.
The Value of Vegetable Farming Market. The vegetable farming market is large and diverse, with various segments and niches. According to a report by The Business Research Company, the global vegetable farming industry market is expected to grow from $1.65 trillion in 2023 to $1.76 trillion in 2024 at a CAGR of 6.5%. It's projected to reach $2.17 trillion in 2028 at a CAGR of 5.4%.
The amount required for the purchase of the first set of vegetables and fruits seedlings et al - $50,000. The amount required to set up a standard vegetable processing plant within the farm facility - $100,000. Operational cost for the first 3 months (salaries of employees, payments of bills et al) - $40,000.
GENERAL INFORMATION (Input NA if not applicable) Project Title Proponent/Borrower Registering Entity (SEC/CDA/DTI/DOLE) Registration Number Registration Date Accreditation Ctrl. No. (RSBSA/FFEDIS) Type of Business. Business Address Contact Person Designation Contact Number Email Address Total Project Cost Financing Requirement Counterpart.
The business plan will be a comprehensive written form of the ideas you have in mind. It will contain necessary details like market, supply, demand, business' strengths and weaknesses, operations, management structure, price points, and more. Grants and loans. If your capital isn't enough for the scale you intend to reach, you can start ...
In conclusion, starting a small vegetable farm requires careful planning and execution. By developing a comprehensive business plan, conducting thorough market research, and implementing sustainable practices, you can increase the likelihood of success. Remember, flexibility and adaptability are key in the ever-evolving agricultural industry.
This comprehensive template is specifically designed for aspiring vegetable farmers and existing farms looking to expand. With ClickUp's Business Plan Template, you'll be able to: Outline your goals, strategies, and financial projections with ease. Develop a solid operational plan to ensure smooth day-to-day farming activities.
Step 4: Deforest the Land. Cleared Farmland. Your next task is to clear the farmland of all trees, grasses, shrubs, and forests. You can utilize either a machine or human labor to do this task. The size of your farm will play a role in your decision, as manual labor is best suited for farms with a total area of 1 to 3 acres.
Cultivating 1-2 hectares of land varies in cost depending on the location, and also the type of vegetable intended for cultivation. And that should include seedlings, manure, labor, and pesticides. Here is a sample business plan for starting a vegetable farm.
After researching the local market demand for vegetables, the next step in starting a vegetable farm is to determine which specific types of vegetables to grow and the appropriate season for each. This is an essential step in creating a business plan and ensuring the success of the farm. 1. Research the demand for specific vegetables.
Agri Insurance. Agriculture. Aquaculture. Vegetable Farming Business Plan, Key Rules to Start from Scratch, What is Vegetable Farming, Strategies for Starting a Vegetable Farming Business and More.
The projected P&L statement for an organic vegetable farm shows how much revenue and profit your business is expected to make in the future. A healthy organic vegetable farm's P&L statement should show: Sales growing at (minimum) or above (better) inflation. Stable (minimum) or expanding (better) profit margins.
3. Pineapple - The average net return of pineapple is P166,030 per hectare in 2019. Its estimated annual rise in profit is up to 3%. 4. Onions - Onion farms have always been profitable as a staple ingredient in Filipino cooking. The average Filipino consumes 1.9 kilos of onions each year. 5.
The Philippines has a total plant area for vegetables of around 675,726 hectares (ha) in its three major islands, a total production of 5.58 metric tons (MT) and average yield of 8.26 t/ha (Philippine Statistics Authority, 2019). ... and other stakeholders in the coconut industry and approved by the President of the Philippines. The Plan shall ...
3. Plan a Budget Ahead of Time. Plan a financial budget while you plan on making the vegetable farming business plan as well. As the financial part of this is also crucial. The best time is to plan ahead. Do your research on the items that you would need in order to start this kind of business.
Here's a Sample 'Executive Summary' for a Vegetable Farming Business plan: [Company Name] is led by owner [Name], who has considerable experience in running an effective business. [Name] has a strong farming background due to his family's farming tradition that dates back to the early 1900's. In 2007 [Name] Farms became [Company Name] after ...
The agricultural sector plays a critical role in the Philippines' overall economy. Agriculture, forestry, and fishery account for around 20% of the country's GDP year in and year out, and nearly two-fifths or 12 million of the jobs nationwide come from this industry. ... such as a small farm or a fish pen, you might be wondering which steps ...
Organic greenhouse farms have historically been small, family-owned farms. Due to the increasing demand for organic food products, more people are investing in organic vegetable farming businesses in the Philippines. Farming Fish: Commercial fish farming is a profitable business that can generate revenue continuously during any season. An ...
Other awesome fruit and vegetable business ideas in the Philippines: Create a mobile app for fruit and vegetable listings. Start an Organic Produce Farm. Start a fruit and vegetable subscription box. Start a packed cut fruit and vegetables business. Sell fruit cups and bowls for customers who are into healthy living.
Some of the important high yield vegetable crops. List of high yield vegetable crops can be given below; Cucumbers - In an acre area, around 12000 cucumber plants are planted (3 plants per square meter) and each plant yields an average of about 5 to 7 kg per cycle. This will yield about 8,400 to 10,500 plants per acre.
Down in the Dirt Farm is a small-scale, diversified vegetable and livestock farm owned and operated by Phoebe and Taylor Dirt. They have operated the farm on leased land in central Vermont for the past three years. This business plan will serve as an operating guide for Down in the Dirt Farm as they purchase a new farm and grow their farm business.
MANILA - President Ferdinand R. Marcos Jr. thanked Thailand conglomerate Charoen Pokphand Group (CP Group) for its plan to invest some USD1.5 billion (around PHP87.5 billion) to help boost the Philippines' agriculture sector. In a social media post, Marcos said he had met with CP Group…