Unlike in Philippine farming involved 95% bulk is in farming and distribution of the raw material, in Gamu I had meet a down to earth farmer who do not even have high school education told me that farming it all about number games, like corn; is the cheapest to purchase and most often harvested, the chance for large profit is much smaller than with livestock or fruit. Based upon the probabilities of landing on each square and the average selling price of each commodity, Corn is slightly less profitable than Grain, while Cattle averages about 1.5 times as much profit as Grain. Fruit is even more lucrative, earning about 2.5 times as much profit as Grain. At the end of the day is a right mix of products,like baking a cake. On the other hand he also run a hotel restaurant business which only rick in 5% of the business as he say like any capital asset investment is long run, high cost and and risky, the hotel restaurant is more of an added value products.
He illustrate the newly-formed Inoza Development Corp, sister company of Bounty Fresh Foods, Inc. (BFFI), is one of the largest poultry producers in the country, investing a combined 583.9 million pesos (PHP) for two integrated poultry projects – toll hatching of broiler chicks in Barangay Pada-pada, Gerona, Tarlac and toll production of broiler chicken in Barrio San Pedro, Bamban, Tarlac.
Malaya Business Insight reports that Inoza's toll hatching and broiler chicken production will cater exclusively to BFFI, also one of the biggest suppliers of fresh chicken to various local institutional food and restaurant companies as well as leading supermarkets.
Inoza's had a proposed hatchery facility will employ a single stage incubation system instead of the traditional multi-stage incubation. It will be made up of 20 state-of-the-art setting machines with a capacity of hatching 115,200 each or 2.3 million eggs for one hatching cycle of 21 days or up to 40 million day-old-chicks annually.If one chick they are selling about P5 quite a staggering sum. In Singapore land scare resources the land is more valuable as a real estate than farming. Like an article by Jamie highlighted some of the farming problems faced in Singapore. I would say if they will to invest S$10 million about P$320 million in Philippine can be considered one of the big player here and might rick in more beneficial returns.
Problems at D'Kranji farm
By Jamie Ee Wen Wei
IT HAS not been the good earth for 17 farm operators.
They uprooted from D'Kranji Farm Resort, Singapore's first agri-tainment centre, from December last year, citing poor yields and profits. One business knock came when they were stopped from selling their produce to visitors.
The Urban Redevelopment Authority (URA) had informed the management of the resort that it had exceeded the maximum retail space used, by more than six times. Only four farm operators remain, drawing grumbles from visitors about the closed shops and lack of activity.
The $10 million lifestyle-cum-agriculture resort was launched in September 2008, promising a countryside living experience in the city.
The 5ha Lim Chu Kang resort, developed by main board-listed HLH Group, also houses 21 villas, a wellness spa and a seafood restaurant.
The farm operators pay a monthly management fee of $500 to use the facility, which includes a 24 sq m sheltered kiosk and a 670.4 sq m or 791.61 sq m plot for farming.
Farming for Profit in the Hungry World (Great centers of art)
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