Benguet trade center to link farmers, buyers through contract trade
>> Friday, February 19, 2016
LAS TRINIDAD, Benguet
-- The Benguet Agri-Pinoy Trading Center (BAPTC) aims to link farmers to various
markets through contract trading scheme.
Frederick Edeco,
managing director of BAPTC contract trading department said the scheme has two components known as the
contract growing and consolidation.
In contract growing,
the buyer will be providing farm inputs to the farmers. Through a marketing
agreement, the BAPTC, buyer and the farmer will discuss price matters of the
produce based on the production cost, terms of payment, duration, mode of
delivery, among others.
“Also, there will be a
trading fee of P2.00/kilo as service fee since the BAPTC will be assisting the
farmer from seed sowing to harvesting. A field man from the Center will be
monitoring the farmer to ensure that the requirement needed by the buyer will
be provided, so as to guarantee that the buyer will be providing the farm
inputs needed,” he added.
On the other hand, the
consolidation is also based on the needed produce of a buyer such as
restaurants, fast food chain, immediate orders, or walk-in buyers.
“There will be a
conference to be conducted for farmer groups interested to participate in this
marketing scheme. Under this system, the description of vegetables needed will
be consolidated. The price will be based on the production cost and the
prevailing price at the trading post,” said Analyn Liccud, consolidation
assistant.
Edeco said a trading fee
of P1 per kilo will be implemented under the consolidation since BAPTC will be
supervising the quality control of the produce of farmers to be produced and
marketed.
At present, there are
three buyers known as the QSR Corporation for contract growing of Cabbage
(Scorpio variety), with a requirement of 65 tons per month; V&T corporation
(contract growing) for cabbage and wombok to be exported to Taiwan from June to
December with 3 container vans weekly; and Ever Golden Fresh Corporation
(consolidation and contract growing) for cabbage, Lettuce and Bell Pepper.--
JFP
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