Thursday, March 2, 2017
|Mr. Joel Callano prepares his harvested eggs for costumers|
There’s money in an egg.
Are you thinking of a promising business? Poultry industry might be your future!
Data presented during the crafting of the industry roadmap for poultry spearheaded by the Department of Agriculture, Caraga Region needs more supply for poultry products and by products.
As of 2015 PSA data, Caraga with a population of more than 2.5 million the demand for poultry products pegged to 24.126 metric tons (MT) while its supply accounted for only 18,967 MT or a deficit of 5,159 MT.
The data is using the per capita consumption from year 2012-2015, wherein per person consumes an average of 5.51 kilograms per year (kg/yr) of chicken meat, 3.48 kg/yr of chicken egg, 0.04 kg/yr of duck meat and 0.13 of duck egg.
The gap between the supply and demand means there is an opportunity for investment in poultry industry in Caraga.
As of now, Caraga Region absorbs supply from other neighboring region to fill the gap of the demand and supply.
Joel Callano, a poultry grower in Tagbina, Surigao del Sur said that his daily harvest of 25 trays of eggs is not enough to supply the need of his municipality alone.
“There is still a room for investment in the poultry industry in Caraga Region, so for the farmers who are willing to invest it's an opportune time,” Callano said.
Poultry industry is a significant contributor to the agricultural sector in the Philippines chipping in 15.41 percent to the total value of agricultural production in 2015.
To strengthen government support for the industry and other commodities, DA Caraga conducted series of roadmap crafting through the involvement of different stakeholders such as farmer associations, academe, agripreneurs, agriculture and fishery council, financial institutions, DA attached agencies and other national line government agencies.