The House of Representatives (PNA file photo) BACOLOD CITY - Negros Occidental 3rd District Rep. Jose Franciso Benitez has proposed a law that will create agricultural trading centers to be known as "Bagsakan ng Bayan Market" in every province. House Bill (HB) 4303, filed by Benitez on Wednesday afternoon, cited President Ferdinand Marcos Jr.'s commitment to strengthen agriculture and pledged higher investments in infrastructure in the agricultural value chain to increase productivity and profits. "This presidential pronouncement signals continuity in government policy to facilitate and enhance access of farmers and fisherfolk to markets," the lawmaker said in the bill's explanatory note. He noted that the President recognized in his first State of the Nation Address that agriculture is the backbone of the Philippine economy, being a major source of employment in the country. According to the bill, an agricultural trading center refers to a site for the trading of agricultural commodities in large quantities, usually at or near transportation hubs within or near major cities, supplied by assembly markets in rural areas or directly from farms. Benitez said a Southeast Asian Regional Center for Graduate Study and Research in Agriculture study on fruit and vegetable value chains in the Philippines articulates the importance of developing post-harvest, processing, and marketing facilities. He also cited a study by the Department of Science and Technology-Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development on a post-pandemic agricultural supply chain that suggests re-engineering regional warehousing and cold chains for agricultural produce. "Clearly, we need an integrated system to bring agricultural commodities to wider markets, which requires adequate infrastructure and coordination at different points in the agricultural value chain," Benitez said. He added that HB 4303 introduces the hub-and-spoke model that directly connects producers or aggregators from local food terminals to a single apex location, thereby creating agglomeration economies for agricultural commodities. "The goal of these centers is to provide an avenue where farmers and livestock raisers can directly sell their products to institutional buyers and gain higher profit. Moreover, this endeavors for higher mobility for locally produced agricultural products to the whole country for cheaper cost of transportation," a portion of the bill stated. (PNA) }
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Bacolod , Philippines , Philippine , Benguet , Negros Occidental , Ferdinand Marcos Jr , Jose Franciso Benitez , Southeast Asian Regional Center , Research In Agriculture , Department Of Science , Philippine Council For Agriculture , Natural Resources Research , President Ferdinand Marcos , Nation Address , Graduate Study , Technology Philippine Council , The House Of Representatives Pna File Photo Bacolod City Negros Occidental 3rd District Rep Jose Franciso Benitez Has Proposeda Law That Will Create Agricultural Trading Centers To Be Known As Quot Bagsakan Ng Bayan Market In Every Province Bill Hb 4303 , Iled By Benitez On Wednesday Afternoon , Ited President Ferdinand Marcos Jr 39s Commitment To Strengthen Agriculture And Pledged Higher Investments In Infrastructure The Agricultural Value Chain Increase Productivity Profits Quot This Presidential Pronouncement Signals Continuity Government Policy Facilitate Enhance Access Of Farmers Fisherfolk Markets , Uot The Lawmaker Said In Bill 39s Explanatory Note He Noted That President Recognized His First State Of Nation Address Agriculture Is Backbone Philippine Economy , Einga Major Source Of Employment In The Country According To Bill , N Agricultural Trading Center Refers Toa Site For The Of Commodities In Large Quantities , Sually At Or Near Transportation Hubs Within Major Cities , Upplied By Assembly Markets In Rural Areas Or Directly From Farms Benitez Saida Southeast Asian Regional Center For Graduate Study And Research Agriculture On Fruit Vegetable Value Chains The Philippines Articulates Importance Of Developing Post Harvest , Processing , Nd Marketing Facilities He Also Citeda Study By The Department Of Science And Technology Philippine Council For Agriculture , Quatic And Natural Resources Research Development Ona Post Pandemic Agricultural Supply Chain That Suggests Re Engineering Regional Warehousing Cold Chains For Produce Quot Clearly , E Need An Integrated System To Bring Agricultural Commodities Wider Markets , Hich Requires Adequate Infrastructure And Coordination At Different Points In The Agricultural Value Chain , Uot Benitez Said He Added That Hb 4303 Introduces The Hub And Spoke Model Directly Connects Producers Or Aggregators From Local Food Terminals Toa Single Apex Location , Hereby Creating Agglomeration Economies For Agricultural Commodities Quot The Goal Of These Centers Is To Provide An Avenue Where Farmers And Livestock Raisers Can Directly Sell Their Products Institutional Buyers Gain Higher Profit Moreover , His Endeavors For Higher Mobility Locally Produced Agricultural Products To The Whole Country Cheaper Cost Of Transportation , Uota Portion Of The Bill Stated Pna ,
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