How Agribusinesses Can Eradicate Poverty in the Philippines in Latin AmericaAgribusiness over the yearsConclusionReferencesIntroductionThe Department of Tourism said: "It's more fun in the Philippines." One of the reasons why it's fun in the Philippines is one of the greatest biodiversity in the world and its abundance of natural resources. The natural topology and climate of the Philippines make it so compatible with agriculture. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay According to the World Bank, agriculture in the Philippines employed 27.7% of the Filipino workforce in 2017, making it the 8th largest rice producer in the country. world, representing 2.8% of global rice production according to statistics from the Food and Agriculture Organization of March 2011, followed by other major agricultural crops such as corn, sugar cane, coconut, coffee, mangoes, pineapple, tobacco, bananas and abaca. Among these resources harnessed by nature, poverty is still one of the reasons why the Philippines is “no fun”. The Philippines' poverty rate declined from 25.2 percent in 2012 to 21.6 percent in 2015, as reported by the Authority-led Family Income and Expenditure Survey (FIES). Philippine Statistics Authority (PSA). Regardless, despite the decline in these numbers, even more glaring problems remain when it comes to poverty. One of the most striking is the continued prevalence of poverty in most basic sectors of the country. According to the Philippine Statistics Authority's Poverty Incidence for Basic Sectors table: 2006, 2009, 2012 and 2015, five of the nine core divisions controlled by the PSA – farmers (34.3 percent), fishermen (34 .0), children from families with incomes below the official poverty line (31.4), self-employed and unpaid family workers (25.0), and women from poor families (22.5) – have higher rates. deprivation rate than the general population (at 21.6 percent). Farmers and fishermen have consistently been recorded as the two sectors with the highest incidence of poverty since 2006. Agriculture is not considered sexy in most countries. Rather, it is seen as a one-way ticket to poverty and drudgery. Young people are leaving the countryside to seek better opportunities in urban areas. The crucial role of the agricultural sector in the overall economic development of a country, as described in the economic development literature, is well known. First, it provides food to the country and raw materials to the rest of the economy. Second, it constitutes an important market for the products of the non-agricultural economy, as a buyer of agricultural inputs as well as consumer goods and services produced in the non-agricultural economy. Finally, as the sector grows and modernizes in the face of the limited supply of agricultural land, it releases excess labor to the industrial and service sectors. Although they work hard enough to support their families, many farmers are poor in rural areas where agriculture is the main source of income and employment. Thirty years later, people still tend to live. find that people in developing countries who rely onfarming for their livelihood are generally much poorer, even if they work hard, than those working in other sectors of the economy and they represent a significant share, often the majority, of the total number of poor . people in the countries where they live. Although farming and farming life is one of the best and famous jobs in most of the countries, farmers do not have enough money offered by their partners. Every three months, the prices received by farmers have increased by at least 2%. The products are crops, livestock, fishing and agricultural operations. Developed countries like Singapore are rich, even if they don't focus on agriculture. Singapore even hosted a conference called Ag-Con Asia at the Marina Bay Sands Expo and Convention Centre, which mainly focuses on producing innovative technologies and businesses. As it benefits from an innovation-friendly climate, strategic location and strong skills that can transform agriculture and aquaculture in the Asia-Pacific region, this research paper focuses on the study of the agro-industry and technological innovation over the years. Countries that produce and import agricultural products to the Philippines and whether in the coming years they will overcome the poverty of the Philippines or whether the country will remain where it was one of the third world countries. Advantages and Disadvantages of Contract Farming As stated by Dr. Rolando Dy in his article “Changing World”, contract farming is where farmers and buyers have their conditions regarding the products, their production and the way from which they are sold and imported into other countries. Contract farming is famous and applied throughout Southeast Asia, especially in oil palm, dairy, seeds, vegetables and broiler products. In the Philippines, most of the chickens produced are grown under contract by San Miguel Farm and Bounty, from day-old chicks to hatching and growth. The advantages of this contract farming are that the seller has the choice to negotiate the terms and conditions when When it comes to exporting agricultural products, they can also undergo this type of trial and in case of failure , they can look for a new buyer who matches their needs. This has also increased farm income as they have a large number of buyers to choose from and their conditions apply. As the buyer accepts the terms of the seller's contract, he receives the products on time when he exports them to the respective buyers. This also introduces higher crop value and quality, as the supplier will go through a staged process where they will carefully select products that satisfy the buyer's needs. Buyers also have access to the market whenever they choose or simply browse agricultural products that can add to their market stocks. Contract farming also has its drawbacks, for example the monopoly power of the buyer or the degree of pricing held by a supplier based on its market share. The buyer can negotiate the price when he is satisfied based on the market price and his offer request. Farmer owners can also be replaced with any family farm. Corporate bias towards large farms, where small farms may also have a chance but also have limited payouts. Like other industries such as sugar companies, they face a problematic problem: that of selling by contract farmers to other buyers who offerhigher prices, thus neglecting the first one who offered because they don't have enough money to provide. Over the years, companies have the opportunity to change the contract and its standards, such as having higher standards and strict policies, payments by other companies also cause delays when farmers do not have nothing to do, they just have to wait until they receive their income with both hands. While other companies require using a certain type of fertilizer, farmers should of course purchase and research what type of fertilizer the company wants. Farmers need new equipment even if they don't have enough money to buy new technology to have a much lighter workload. Workers are also forced to work overtime at different times, the company also requires the product to be delivered at a specific time. Escaping Poverty Through AgribusinessDemand and supply of products are not balanced when it comes to exporting a group of companies. . The demand for a certain product is to produce unlimited supplies so that it can sell everything that was made. In the long run, this leads to oversupply. Since agricultural products have an expiration date, bargaining and market powers are weakened as farmers are under pressure to sell their products before they are ready. get spoiled. They are then forced to accept the lowest payments offered by buyers. This makes farmers remain poor and farmers escape from this poverty trap in agriculture. Mass poverty increased among farmers in developed and innovative countries, it was when they tried to adopt free market policy, this poverty decreased thanks to research when they decided to adopt a policy of public service. Our country is currently trying this within the framework of the free market, raising the hope of farmers to change the system, as Mr. Edward Tayengco said. Changes observed when this public utility policy of symbiotic relationship between the agricultural sector and industry is strengthened. They noticed that the supplier of food products and raw materials and an adequate market for the industries' products and services become economically sound and this strengthened relationship can contribute to the rapid and stable economic growth of developing countries. A new policy called “producer-controlled marketing” boards. » This involves organizing and training farmers into compulsory cooperatives and legally granting them monopoly powers to organize product marketing and policies. This new policy allows them to negotiate with companies and buyers who offer them low sums of money, which cannot or do not meet their budget when exporting goods. The objective of this policy is to control the supply, so as not to produce an unlimited supply that would only spoil the products and offer them at low prices, to raise their exploitation within the price and income range of the workers , to produce market power. that it can be known and reliable, and finally increase production and marketing efficiency by producing reliable and high-quality products for distribution. Know about poverty and succeed in reducing it Know about poverty should have a list of countries where agriculture or agro-industry is being implemented. The researchers' type of study includes data on expenses related to the production of agricultural goods. This price and exchange rate datawill be used as part of a given calculation which will then be the result of comparing the expenditures of each country. If the amount given is below the chosen poverty line, then that individual is considered to be in poverty. The change in real spending between two periods will reflect changes in income or prices between those two periods, the poverty head-count and the poverty rate. If in some cases per capita income increases, spending on goods and services will also increase. The mathematical relationship between consumption spending and income, the marginal propensity to consume, tends to be higher for the poor than for the rich. Therefore, as the income of the poor increases, some of them will start to spend their money wisely and spend more than the spending threshold per day, which will lead to a decline in the number and rate of poverty. There will also be a decrease in consumer prices, consumers will purchase more goods and services with a high level of quality with the same budget and this will also mean that an increase in real spending will lead to a decrease in the number of people in a state of poverty. Excellent Agricultural performance leads to reduction of poverty measured both in terms of income and price range. A large portion of the poor depend on agriculture for their income, higher demand equals higher supply. It is natural for a person to think that an increase in demand means it can reduce poverty, perhaps as previous research findings recommend, even more than a general increase in farmers' incomes. Likewise, given that food companies view a significant portion of consumer spending as going to the poor, it is also tempting to think that falling food prices, such as might accompany increases in per capita food production. This research is not guaranteed, ambiguity arises precisely because so many poor people depend on agriculture for their livelihood. So depending on what causes prices to vary daily. These possibilities call into question the relationship between poverty and food production as an area requiring further exploration and research. Applying technology to agribusiness in Latin America Laboratories in Argentina have launched their first Agtech accelerator program, called “Agrotech” to identify with “agro: slang”. for agribusiness, in the region in 2016 with a group of no more than 10 startups with almost no funding and early adoption by farmers. The Agtech Week culminated with the Congreso Aapresid, with an audience and listeners of more than 5,000 farmers from Córdoba who paid attention to the possibility of Blockchain and other cutting-edge technologies by entrepreneurs and local technology companies and international. Last year, Agtech also partnered with Pulse, an innovation center in Piracicaba, Brazil, and Raizen, Brazil's largest ethanol producer, to develop pilot projects with agtech startups. Although many local businesses, institutions and farmers are interested in understanding the implications of new technological developments – most of the initial interest in Blockchain, for example in knowing which cryptocurrency to invest in, the technology has not further disrupted in the agro-industry value chain. If global agricultural production must grow by 60% by 2050 to meet global demand, Latin America's production must grow by 80%, according to itsstatistical calculations, its market participation and its growth potential. This results in a greater focus on increasing yields, rather than land expansion or higher cropping intensity. In some ways, Latin America has been a pioneer in the adoption of agri-food technologies through its innovation. An aspect deeply rooted within the Argentine farmers' association Aapresid is the adoption of the practice of direct seeding without plowing, which reduces soil erosion; they now represent 81% of Argentina's arable land. By joining in the adoption of high technologies with market share, local companies saw an opportunity for global growth in the shadow of global leaders in their key markets. As an Agtech venture capital firm focused on technology opportunities in Latin America, NXTP Labs is looking for new technology companies to seize large market opportunities where local entrepreneurs can have a competitive advantage over local entrepreneurs. international. Latin American agribusiness is important in the global food export market and it already has examples of successful entrepreneurs using innovative technology in the applied technology and agribusiness sectors to serve of models. Latin America plays a key role in the food and agribusiness value chain and has not yet been able to launch with high-quality, leading agritech players capable of leveraging regional advantages to become dominant in terms of global players. It does not have the experience of the United States in risky liquidity, while its market is less integrated. However, several subsectors provide an advantage for local entrepreneurs to develop local solutions to problems shared by farmers, suppliers, processors and distributors in a given region. Agribusiness over the years. farming and agriculture are their income and source of living. Over the years, agriculture has evolved, technological adaptation and many farmers have gained many buyers due to the ease of agricultural production. Comparisons with international experience suggest that the country performs averagely in terms of land productivity. According to Rosegrant and Hazell (2000), from 1967 to 1995, yield growth in developing Asia averaged 3.3 percent per year, with the highest growth recorded in one of the largest populations in the world, namely China, Indonesia, Pakistan and Vietnam. The lowest growth was recorded in Nepal; the Philippines is somewhat behind Average in terms of productivity, yield growth in the Philippines coincided with the period of the Green Revolution. Many changes have occurred in agriculture in the span of 50 years, Travis Miller said, and has conducted research he finds fascinating. He discovered key advances in agriculture. Farmers are annoyed by pests destroying their farms, but over the years, we have started to fight pests with genetically modified plants; implementation of integrated pest control programs. Farmers discovered plant breeding that allows for high plant populations for faster productivity and supply. Precision planting equipment so that farmers are not disturbed by planting and to make their work easier. People also had the good idea of better formulated fertilizer and application equipment for better quality fertilizers.. 9, 2018

Essay / How Agribusinesses Can Eradicate Poverty in the Philippines in Latin AmericaAgribusiness over the yearsConclusionReferencesIntroductionThe Department of Tourism said: "It's more fun in the Philippines." One of the reasons why it's fun in the Philippines is one of the greatest biodiversity in the world and its abundance of natural resources. The natural topology and climate of the Philippines make it so compatible with agriculture. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay According to the World Bank, agriculture in the Philippines employed 27.7% of the Filipino workforce in 2017, making it the 8th largest rice producer in the country. world, representing 2.8% of global rice production according to statistics from the Food and Agriculture Organization of March 2011, followed by other major agricultural crops such as corn, sugar cane, coconut, coffee, mangoes, pineapple, tobacco, bananas and abaca. Among these resources harnessed by nature, poverty is still one of the reasons why the Philippines is “no fun”. The Philippines' poverty rate declined from 25.2 percent in 2012 to 21.6 percent in 2015, as reported by the Authority-led Family Income and Expenditure Survey (FIES). Philippine Statistics Authority (PSA). Regardless, despite the decline in these numbers, even more glaring problems remain when it comes to poverty. One of the most striking is the continued prevalence of poverty in most basic sectors of the country. According to the Philippine Statistics Authority's Poverty Incidence for Basic Sectors table: 2006, 2009, 2012 and 2015, five of the nine core divisions controlled by the PSA – farmers (34.3 percent), fishermen (34 .0), children from families with incomes below the official poverty line (31.4), self-employed and unpaid family workers (25.0), and women from poor families (22.5) – have higher rates. deprivation rate than the general population (at 21.6 percent). Farmers and fishermen have consistently been recorded as the two sectors with the highest incidence of poverty since 2006. Agriculture is not considered sexy in most countries. Rather, it is seen as a one-way ticket to poverty and drudgery. Young people are leaving the countryside to seek better opportunities in urban areas. The crucial role of the agricultural sector in the overall economic development of a country, as described in the economic development literature, is well known. First, it provides food to the country and raw materials to the rest of the economy. Second, it constitutes an important market for the products of the non-agricultural economy, as a buyer of agricultural inputs as well as consumer goods and services produced in the non-agricultural economy. Finally, as the sector grows and modernizes in the face of the limited supply of agricultural land, it releases excess labor to the industrial and service sectors. Although they work hard enough to support their families, many farmers are poor in rural areas where agriculture is the main source of income and employment. Thirty years later, people still tend to live. find that people in developing countries who rely onfarming for their livelihood are generally much poorer, even if they work hard, than those working in other sectors of the economy and they represent a significant share, often the majority, of the total number of poor . people in the countries where they live. Although farming and farming life is one of the best and famous jobs in most of the countries, farmers do not have enough money offered by their partners. Every three months, the prices received by farmers have increased by at least 2%. The products are crops, livestock, fishing and agricultural operations. Developed countries like Singapore are rich, even if they don't focus on agriculture. Singapore even hosted a conference called Ag-Con Asia at the Marina Bay Sands Expo and Convention Centre, which mainly focuses on producing innovative technologies and businesses. As it benefits from an innovation-friendly climate, strategic location and strong skills that can transform agriculture and aquaculture in the Asia-Pacific region, this research paper focuses on the study of the agro-industry and technological innovation over the years. Countries that produce and import agricultural products to the Philippines and whether in the coming years they will overcome the poverty of the Philippines or whether the country will remain where it was one of the third world countries. Advantages and Disadvantages of Contract Farming As stated by Dr. Rolando Dy in his article “Changing World”, contract farming is where farmers and buyers have their conditions regarding the products, their production and the way from which they are sold and imported into other countries. Contract farming is famous and applied throughout Southeast Asia, especially in oil palm, dairy, seeds, vegetables and broiler products. In the Philippines, most of the chickens produced are grown under contract by San Miguel Farm and Bounty, from day-old chicks to hatching and growth. The advantages of this contract farming are that the seller has the choice to negotiate the terms and conditions when When it comes to exporting agricultural products, they can also undergo this type of trial and in case of failure , they can look for a new buyer who matches their needs. This has also increased farm income as they have a large number of buyers to choose from and their conditions apply. As the buyer accepts the terms of the seller's contract, he receives the products on time when he exports them to the respective buyers. This also introduces higher crop value and quality, as the supplier will go through a staged process where they will carefully select products that satisfy the buyer's needs. Buyers also have access to the market whenever they choose or simply browse agricultural products that can add to their market stocks. Contract farming also has its drawbacks, for example the monopoly power of the buyer or the degree of pricing held by a supplier based on its market share. The buyer can negotiate the price when he is satisfied based on the market price and his offer request. Farmer owners can also be replaced with any family farm. Corporate bias towards large farms, where small farms may also have a chance but also have limited payouts. Like other industries such as sugar companies, they face a problematic problem: that of selling by contract farmers to other buyers who offerhigher prices, thus neglecting the first one who offered because they don't have enough money to provide. Over the years, companies have the opportunity to change the contract and its standards, such as having higher standards and strict policies, payments by other companies also cause delays when farmers do not have nothing to do, they just have to wait until they receive their income with both hands. While other companies require using a certain type of fertilizer, farmers should of course purchase and research what type of fertilizer the company wants. Farmers need new equipment even if they don't have enough money to buy new technology to have a much lighter workload. Workers are also forced to work overtime at different times, the company also requires the product to be delivered at a specific time. Escaping Poverty Through AgribusinessDemand and supply of products are not balanced when it comes to exporting a group of companies. . The demand for a certain product is to produce unlimited supplies so that it can sell everything that was made. In the long run, this leads to oversupply. Since agricultural products have an expiration date, bargaining and market powers are weakened as farmers are under pressure to sell their products before they are ready. get spoiled. They are then forced to accept the lowest payments offered by buyers. This makes farmers remain poor and farmers escape from this poverty trap in agriculture. Mass poverty increased among farmers in developed and innovative countries, it was when they tried to adopt free market policy, this poverty decreased thanks to research when they decided to adopt a policy of public service. Our country is currently trying this within the framework of the free market, raising the hope of farmers to change the system, as Mr. Edward Tayengco said. Changes observed when this public utility policy of symbiotic relationship between the agricultural sector and industry is strengthened. They noticed that the supplier of food products and raw materials and an adequate market for the industries' products and services become economically sound and this strengthened relationship can contribute to the rapid and stable economic growth of developing countries. A new policy called “producer-controlled marketing” boards. » This involves organizing and training farmers into compulsory cooperatives and legally granting them monopoly powers to organize product marketing and policies. This new policy allows them to negotiate with companies and buyers who offer them low sums of money, which cannot or do not meet their budget when exporting goods. The objective of this policy is to control the supply, so as not to produce an unlimited supply that would only spoil the products and offer them at low prices, to raise their exploitation within the price and income range of the workers , to produce market power. that it can be known and reliable, and finally increase production and marketing efficiency by producing reliable and high-quality products for distribution. Know about poverty and succeed in reducing it Know about poverty should have a list of countries where agriculture or agro-industry is being implemented. The researchers' type of study includes data on expenses related to the production of agricultural goods. This price and exchange rate datawill be used as part of a given calculation which will then be the result of comparing the expenditures of each country. If the amount given is below the chosen poverty line, then that individual is considered to be in poverty. The change in real spending between two periods will reflect changes in income or prices between those two periods, the poverty head-count and the poverty rate. If in some cases per capita income increases, spending on goods and services will also increase. The mathematical relationship between consumption spending and income, the marginal propensity to consume, tends to be higher for the poor than for the rich. Therefore, as the income of the poor increases, some of them will start to spend their money wisely and spend more than the spending threshold per day, which will lead to a decline in the number and rate of poverty. There will also be a decrease in consumer prices, consumers will purchase more goods and services with a high level of quality with the same budget and this will also mean that an increase in real spending will lead to a decrease in the number of people in a state of poverty. Excellent Agricultural performance leads to reduction of poverty measured both in terms of income and price range. A large portion of the poor depend on agriculture for their income, higher demand equals higher supply. It is natural for a person to think that an increase in demand means it can reduce poverty, perhaps as previous research findings recommend, even more than a general increase in farmers' incomes. Likewise, given that food companies view a significant portion of consumer spending as going to the poor, it is also tempting to think that falling food prices, such as might accompany increases in per capita food production. This research is not guaranteed, ambiguity arises precisely because so many poor people depend on agriculture for their livelihood. So depending on what causes prices to vary daily. These possibilities call into question the relationship between poverty and food production as an area requiring further exploration and research. Applying technology to agribusiness in Latin America Laboratories in Argentina have launched their first Agtech accelerator program, called “Agrotech” to identify with “agro: slang”. for agribusiness, in the region in 2016 with a group of no more than 10 startups with almost no funding and early adoption by farmers. The Agtech Week culminated with the Congreso Aapresid, with an audience and listeners of more than 5,000 farmers from Córdoba who paid attention to the possibility of Blockchain and other cutting-edge technologies by entrepreneurs and local technology companies and international. Last year, Agtech also partnered with Pulse, an innovation center in Piracicaba, Brazil, and Raizen, Brazil's largest ethanol producer, to develop pilot projects with agtech startups. Although many local businesses, institutions and farmers are interested in understanding the implications of new technological developments – most of the initial interest in Blockchain, for example in knowing which cryptocurrency to invest in, the technology has not further disrupted in the agro-industry value chain. If global agricultural production must grow by 60% by 2050 to meet global demand, Latin America's production must grow by 80%, according to itsstatistical calculations, its market participation and its growth potential. This results in a greater focus on increasing yields, rather than land expansion or higher cropping intensity. In some ways, Latin America has been a pioneer in the adoption of agri-food technologies through its innovation. An aspect deeply rooted within the Argentine farmers' association Aapresid is the adoption of the practice of direct seeding without plowing, which reduces soil erosion; they now represent 81% of Argentina's arable land. By joining in the adoption of high technologies with market share, local companies saw an opportunity for global growth in the shadow of global leaders in their key markets. As an Agtech venture capital firm focused on technology opportunities in Latin America, NXTP Labs is looking for new technology companies to seize large market opportunities where local entrepreneurs can have a competitive advantage over local entrepreneurs. international. Latin American agribusiness is important in the global food export market and it already has examples of successful entrepreneurs using innovative technology in the applied technology and agribusiness sectors to serve of models. Latin America plays a key role in the food and agribusiness value chain and has not yet been able to launch with high-quality, leading agritech players capable of leveraging regional advantages to become dominant in terms of global players. It does not have the experience of the United States in risky liquidity, while its market is less integrated. However, several subsectors provide an advantage for local entrepreneurs to develop local solutions to problems shared by farmers, suppliers, processors and distributors in a given region. Agribusiness over the years. farming and agriculture are their income and source of living. Over the years, agriculture has evolved, technological adaptation and many farmers have gained many buyers due to the ease of agricultural production. Comparisons with international experience suggest that the country performs averagely in terms of land productivity. According to Rosegrant and Hazell (2000), from 1967 to 1995, yield growth in developing Asia averaged 3.3 percent per year, with the highest growth recorded in one of the largest populations in the world, namely China, Indonesia, Pakistan and Vietnam. The lowest growth was recorded in Nepal; the Philippines is somewhat behind Average in terms of productivity, yield growth in the Philippines coincided with the period of the Green Revolution. Many changes have occurred in agriculture in the span of 50 years, Travis Miller said, and has conducted research he finds fascinating. He discovered key advances in agriculture. Farmers are annoyed by pests destroying their farms, but over the years, we have started to fight pests with genetically modified plants; implementation of integrated pest control programs. Farmers discovered plant breeding that allows for high plant populations for faster productivity and supply. Precision planting equipment so that farmers are not disturbed by planting and to make their work easier. People also had the good idea of better formulated fertilizer and application equipment for better quality fertilizers.. 9, 2018

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