Friday, August 10, 2012

KIKO: INVESTMENT IN FOOD TRADING HUBS WILL HELP ENSURE FOOD SUPPLY AND PRICE STABILITY


MANILA, August 10, 2012-Chairman of the Senate Committee on Agriculture and Food, Senator Francis "Kiko" Pangilinan, today urges the government to establish more trading centers in the country that would help secure food supply and keep food prices stable for consumers while increasing the incomes of farmers and fisherfolk.

"With the imminent sale of the Food Terminal Incorporated (FTI), the government must prioritize the establishment of trading centers with modern cold storage facilities to ensure that our food supply remains stable and readily available to our countrymen in times of crisis like this. These trading hubs must also be strategically located and easily accessible to both farmers and consumers."
"With this, we should be able to solve the problems of food shortage and price spikes when calamities strike."

Pangilinan adds that more trade centers in the country will empower farmers and fisherfolk as these will give them direct access to the market without falling prey to opportunistic middlemen.

"Kawawa naman ang ating mga magsasaka at mangingisda. Sila na nga ang pinakanatatamaan tuwing ganitong may mga bagyo, sila pa yung nababarat at nawawalan ng tamang kita. Layunin nating maprotektahan ang mga magsasaka at mangingisda sa pamamagitan ng mga 'bagsakan' o trading centers na ito."

Pangilinan adds, "We must lessen the impact of calamities on our food supply. When supplies get scarce, prices will go up and the whole chain becomes disrupted. We need to establish accessible, modern facilities that shorten the supply chain and pass on the savings to consumers." 

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