Contract farming, an agricultural production and marketing strategy, establishes mutually beneficial partnerships between farmers and sponsors. It enhances farmers' access to cutting-edge technology and new skill development and offers a reliable income by mitigating market volatility through predetermined contract pricing. Since 1975, Charoen Pokphand Foods Public Company Limited (CP Foods) has pioneered an integrated contract farming model in Thailand through the "Promoting Animal … [Read more...] about CP Foods Bolsters Thai Farming Careers through Contract Farming
Agriculture
Olam Agri joins new global initiatives in the transition to more sustainable agriculture
Olam Agri has joined two new global initiatives to make agriculture more sustainable. The initiatives bring together major value chain partners, financial institutions, and governments to decarbonise supply chains and promote the adoption of regenerative agriculture, aligned with Olam Agri’s purpose to transform agriculture for a more sustainable future. “Strong partnerships and collaborations are a must as we transform agriculture. By supporting industry-wide solutions, we want to make … [Read more...] about Olam Agri joins new global initiatives in the transition to more sustainable agriculture
GCash enters agrifintech with Mayani, seeks to bridge Philippines’ $6B agri-credit gap
Manila, Philippines - Agriculture is considered to be a crucial economic backbone of the Philippines, with almost 60 percent of the nation’s poor employed in the sector’s agriculture, forestry, fishing, and aquaculture industries, according to the World Bank in 2023. Despite it being the primary economic activity in rural Philippines, the Banko Sentral ng Pilipinas cited in 2018 that the credit gap for the sector sits at over 360 billion pesos ($6.3 billion), highlighting fundamental … [Read more...] about GCash enters agrifintech with Mayani, seeks to bridge Philippines’ $6B agri-credit gap