THE Benguet Agri-Pinoy Trading Center (BAPTC) aims to link farmers to various markets thru contract trading scheme.
BAPTC Contract Trading Department managing director Frederick Edeco said the contract trading has two components known as the contract growing and consolidation.
In contract growing, the buyer will be providing farm inputs to the farmers.
Through a marketing agreement, the BAPTC, buyer and the farmer will discuss price matters of the produce based on the production cost, terms of payment, duration, mode of delivery, among others.
“There will be a trading fee of P2.00/kilo as service fee since the BAPTC will be assisting the farmer from seed sowing to harvesting. A field man from the Center will be monitoring the farmer to ensure that the requirement needed by the buyer will be provided, so as to guarantee that the buyer will be providing the farm inputs needed,” he added.
On the other hand, the consolidation is also based on the needed produce of a buyer such as restaurants, fast food chain, immediate orders, or walk-in buyers.
“There will be a conference to be conducted for farmer groups interested to participate in this marketing scheme. Under this system, the description of vegetables needed will be consolidated. The price will be based on the production cost and the prevailing price at the trading post,” consolidation assistant Analyn Liccud added.
Moreover, Edeco said a trading fee of Php1.00 per kilo will be implemented under the consolidation since BAPTC will be supervising the quality control of the produce of farmers to be produced and marketed.
At present, there are three company buyers under contract trading. (DA CAR)