Livestock policy choices: the Philippine experience
1982
Mosqueda-Velasco, M. (Ministry of Agriculture, Quezon City (Philippines))
Growth of the livestock industry in the Philippines depends upon several factors, the most important being the price and supply of feed and feed substitutes, because feed represents 70% of the cost of producing livestock. Moreover, there is insufficient supply of feeds so that the importation of corn, soybean, and other protein meals have been necessary. Government's role has been to induce farmers to produce more corn and soybeans, to give local leasehold contracts for the cattle ranchers, to enable farmers to take advantage of the loan programs, to support technical research on feeds and livestock as well as market research, and to engage directly in the marketing of livestock. Underlying factors, like consumer income, population growth, and price trends in other commodities must also be considered in making policy decisions because they all have an important role in the livestock industry.
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