Marcos allocates funds for farm machinery to boost agriculture
President Ferdinand R. Marcos Jr. announced on Thursday that his government will allocate funds for key farm machinery and facilities to support the agriculture sector.
During the inauguration of the Sorosoro Ibaba Development Cooperative's Grains Terminal and Trading Project in Batangas City, Marcos outlined plans to improve local agriculture by providing essential equipment such as dryers, silo warehouses, rice mills, and cornmills.
The allocation of these funds aims to reduce post-harvest losses, lower food prices, and increase the productivity of local farmers.
Marcos emphasized that this initiative is part of the administration's broader effort to modernize the agriculture sector, improve food security, and ensure economic sustainability for farmers.
The SIDC Grains Terminal and Trading Project will focus on storing, procuring, and trading yellow corn, which is a major raw material for feed production.
With a capacity of 12,000 metric tons of corn or 480,000 sacks of feed for 100,000 pigs or almost 600,000 chickens, the project will strengthen support for the poultry and livestock industry.
The President also vowed to support farmers and fisherfolk communities to sustain their livelihood and stressed the importance of partnerships between the government, private sector, and local farmers.
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