THE Department of Agriculture (DA) said it is launching a village-based feed supply program, which aims to boost corn and livestock production, cut feed costs, THE Department of Agriculture (DA) said it is launching a village-based feed supply program, which aims to boost corn and livestock production, cut feed costs,

Village-based feed program to tap co-op agribusinesses

2026/02/09 00:02
2 min read
For feedback or concerns regarding this content, please contact us at [email protected]

THE Department of Agriculture (DA) said it is launching a village-based feed supply program, which aims to boost corn and livestock production, cut feed costs, and improve rural incomes through cooperative-led agribusiness.

The Village-Type Feed Complete Chain Project (VFCCP), authorized by DA Memorandum Circular No. 2, aims to establish localized, self-sustaining feed production within rural communities.

The VFCCP will equip organized farmer groups with the infrastructure, machinery, and technical capacity necessary to produce high-quality corn- and forage-based livestock feed.

“This is about fixing the weakest link in livestock production — feed — by putting control back in the hands of farmers. When communities can grow, process, and mill their own feed, we lower costs, raise productivity, and make our food system more resilient,” Agriculture Secretary Francisco P. Tiu Laurel, Jr. was quoted as saying in a statement.

The DA said the limited availability of affordable, quality, and consistent feed drives up production costs, reduces productivity, and causes frequent feeding disruptions, particularly among smallholder raisers.

Under the VFCCP, the DA will set aside a maximum budget of P40 million for each viable project, depending on the approved components and readiness of the recipient.

The DA said initial funding will be charged against the National Livestock Program, funded by the General Appropriations Act.

According to the circular, VFCCP will support the development of up to 25 hectares of corn and forage production areas, managed collectively by an accredited cooperative or association.

“The program integrates climate-resilient technologies such as solar-powered irrigation systems, biomass dryers, and mechanized forage production to ensure year-round feed availability and reduce reliance on imported inputs,” the DA added.

According to DA estimates, a VFCCP enterprise could generate average annual revenue of about P38.9 million against operating costs of roughly P30.7 million, yielding an estimated annual net cash flow of P8.2 million. — Vonn Andrei E. Villamiel

Market Opportunity
OP Logo
OP Price(OP)
$0.1015
$0.1015$0.1015
0.00%
USD
OP (OP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

DBS Bank, Franklin Templeton, Ripple partner on tokenization

DBS Bank, Franklin Templeton, Ripple partner on tokenization

The post DBS Bank, Franklin Templeton, Ripple partner on tokenization appeared on BitcoinEthereumNews.com. DBS Bank teams up with Franklin Templeton and Ripple to list tokenized money market fund and stablecoin on DBS Digital Exchange. Summary DBS will list Franklin Templeton’s sgBENJI token on its Digital Exchange, paired with Ripple’s RLUSD stablecoin. Investors can trade between tokenized fund units and stablecoins, with future plans for lending and repo transactions. The move highlights Singapore’s growing role in tokenization as Franklin Templeton and Ripple expand blockchain-based financial products. DBS Bank is deepening its push into digital assets through a new partnership with Franklin Templeton and Ripple that will bring tokenized money market funds and stablecoin services to accredited and institutional investors. In a statement on Sept. 18, cited by Reuters, Singapore’s largest lender confirmed it will list Franklin Templeton’s sgBENJI token, representing units of its tokenized U.S. dollar money market fund, on the DBS Digital Exchange. The offering will be paired with Ripple’s U.S. dollar stablecoin, RLUSD, enabling investors to swap between the two and access yield opportunities. Tokenized assets meet stablecoins The setup allows for direct trading between a tokenized money market fund and a regulated stablecoin, a model DBS says could boost efficiency and liquidity in global markets. Franklin Templeton will issue the sgBENJI token on Ripple’s XRP Ledger, which has been chosen for its speed, cost-efficiency, and interoperability. “This partnership demonstrates how tokenized securities can play that role while injecting greater efficiency and liquidity in global financial markets,” said Lim Wee Kian, chief executive officer of DBS Digital Exchange. DBS also plans to expand the service by letting clients use sgBENJI tokens as collateral for credit. Options under consideration include bank-run repurchase transactions (repos) and third-party lending platforms where DBS would act as custodian of the pledged collateral. Strategic context of DBS Bank initiative The partnership comes as asset managers and banks step…
Share
BitcoinEthereumNews2025/09/18 13:52
Teens Cross 600 Miles To Rob Couple Of $66M In Crypto

Teens Cross 600 Miles To Rob Couple Of $66M In Crypto

The post Teens Cross 600 Miles To Rob Couple Of $66M In Crypto appeared on BitcoinEthereumNews.com. Bitcoin Heist Gone Wild: Teens Cross 600 Miles To
Share
BitcoinEthereumNews2026/03/29 22:04
How Trump’s Iran Pause Fits Into His Market-Timed Playbook

How Trump’s Iran Pause Fits Into His Market-Timed Playbook

The post How Trump’s Iran Pause Fits Into His Market-Timed Playbook appeared on BitcoinEthereumNews.com. On Monday, March 23, President Trump announced a 5-Day
Share
BitcoinEthereumNews2026/03/29 21:47