The Philippines is an agricultural country with a land area of approximately 30 million hectares, 47% of which is agricultural land. Despite the accelerated growth of other industries in recent decades, agriculture remains a pillar of the Philippine economy, providing employment to 27% of the labor force. While the Philippines has developed into a global powerhouse for coconuts and bananas, its mango sector has surprisingly lagged behind. As of 2020, the country has also faced a pork crisis which has seen production crash and prices rise 76% due to African Swine Fever (ASF). 

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Mangos
 

The Carabao mango variety from the Philippines is reputed internationally due to its sweetness and exotic taste. The Carabao variety in 1995 was listed as the sweetest mango variety in the world in the Guinness Book of World Records. Production of mangos is spread out throughout the country and led by the Illocos region which accounts for 26% of total production. The country’s mango industry is severely underdeveloped relative to its competitors with poorer yields and untapped export opportunities. Supply and quality inefficiencies have resulted in lost profit opportunities overseas with regional countries such as Japan forced to import mangoes from as far as Brazil to meet demand. It has been reported that less than 10% of production is capable of meeting export quality standards.

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As a result, AGRI Developments has created its own mango development specifically to cater to the needs of the export market. Working alongside mango experts it is employing state of the art cultivation methods that improve both yields and quality.

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Livestock (Pork)

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The Philippines has been one of the most drastically impacted countries in the world due to African Swine Flu (ASF), with 40% of its pigs dying to date. This has resulted in production levels dropping to levels last seen 20 years ago, in 2001. Severe domestic production and import supply shortages have resulted in the Philippines today becoming the worlds most lucrative pork market, with prices up 76% since 2019. 
 

Pork is culturally signficant to Filipinos and accounts for 60% of all meat consumption, far more than the world average which is approximatley 40%. With the population of the Philippines growing 5x faster than China, Europe and North America, additional domestic supply is urgently needed to replenish lost supply and meet growing demand.

Seeing the opportunity, AGRI Developments in 2021 entered the lucrative pork market of Luzon which is the largest producing and consuming region in the Philippines. We are confronting the crisis head on by selling high quality breeding stock to commercial farms to replenish lost supply, and by providing much needed pork to end consumers.

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