Government aims to aid cacao and coffee farmers amid rising demand

Date:

Share post:

DAVAO CITY –– As the demand for cacao and coffee surges not only within the Philippines but also globally, Presidential Assistant for Eastern Mindanao, Leo Tereso Magno, is exploring ways in which the national government can support cacao and coffee producers in enhancing their production.

During a consultation with stakeholders at the Davao Food and Wine Festival held at the Seda Hotel on Wednesday, October 11, Secretary Magno underscored that cacao and coffee farmers in the region currently produce 20,000 metric tons annually. However, this falls far short of the demand, which hovers around 120,000 metric tons from Filipino consumers.

“The Philippines is the number one coffee consumer in Asia and ranks fourth globally. Yet, we have a scarcity of coffee plantations within the Philippines. We only produce 20,000 metric tons annually while Filipinos consume 120,000 metric tons yearly. This industry requires support not only from the private sector but also from the government,” Secretary Magno emphasized.

Magno expressed his intention to collaborate with cacao and coffee farmers to provide assistance to the industry. He is scheduled to meet with representatives from these sectors to discuss ways in which the government can contribute to the industry’s growth.

“We hope to find common ground to ensure the continued growth of this industry,” Magno said.

The Davao Food and Wine Festival, Coffee and Cacao experience, will continue until October 14.

RIZAL MEMORIAL COLLEGEspot_img

Related articles

PBBM REAFFIRMS COMMITMENT TO RULE OF LAW ON 10TH ANNIVERSARY OF SOUTH CHINA SEA ARBITRAL RULING

PASAY CITY (July12) — President Ferdinand R. Marcos Jr. reaffirmed the Philippines' unwavering commitment to international law and...

DAVAO REGION ECONOMY HITS ₱1.14 TRILLION IN 2025

DAVAO CITY (July 12) — The Davao Region's economy reached a major milestone in 2025, posting a Gross...

Palace rejects ‘Oplan Romanov’ defense, says no allegation justifies threat against President

MANILA (July 10)  — Malacañang has dismissed Vice President Sara Duterte's reported reliance on an alleged "Operation Romanov"...

From disasters to classrooms: DepEd rolls out fast-build schools to keep children learning

MANILA (July 10)  — For thousands of Filipino students whose education is often interrupted by earthquakes, typhoons, and...