Wednesday, 3 April 2013

Philippines Agribusiness Report Q2 2013

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Philippines Agribusiness Report Q2 2013
Apr 3rd 2013, 00:00

BMI View: We hold a positive view on Philippines agribusiness sector in the long term, given the country's potential for new sectors expansion, such as palm oil. We particularly like the outlook for sugar production,and believe the livestock sector will continue to show healthy growth rates. The Philippines' vastconsumption market, along with strong government support will foster domestic and foreign investment andfavour output expansion. However, backyard farming and infrastructure problems, especially transportcosts, will continue to hamper the sector's growth. This paradox is well illustrated in the island ofMindanao: the government and rebel group'...

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