Senen Bacani

Higher incomes and changing lifestyles will drive the production of premium products conveniently and attractively packaged

Critical to pay similar attention, as in production, to post production activities (processing, distribution, marketing, etc) in order to maximize the value chain

Growing concentration at all levels particularly in the retail and processing sectors; Agribusiness enterprises are getting larger as firms seek economies of scale

As supermarkets take on more and more of total food retail sales, product quality improvement, industrial packaging will be emphasized more

The proliferation of private sector standards on food quality and safety will at some point provide added value for which the customer will be willing to pay

The growth of agribusiness can also be aided by government policies which will give incentives for the establishment and or expansion of businesses

It is important that the public sector provides the public goods that the small producer cannot provide by himself

Makes sense for the producer just to stick to core competencies

As increasing concentration and vertical integration continues, producers displaced in the process will have to be assisted with alternative opportunities

Some big buyers/processors of agricultural commodities have taken it upon themselves to make sure that the small producers directly benefit from their direct linkage

The role of the middlemen will gradually reduce over time as his traditional functions decrease with the establishment of more direct linkages

In the end, what is most important is that all players in the value chain get their equitable share from the total composite of their transactions

Thank you!