DA to meet with coconut oil milers, copra traders next week
Agriculture Secretary Emmanuel Piñol said the Department of Agriculture (DA) has invited the owners of the country’s large oil mills and copra traders to a consultative conference on November 22 to address issues in the coconut Industry, including the very low prices of copra.
He said leaders of coconut farmers groups will also be invited in the forum organized by the Philippine Council for Agriculture and Fisheries (PCAF) to be held at the DA Main Office in Quezon City.
During the meeting, the Philippine Coconut Authority (PCA), which has been placed back under the DA two months ago, will be tasked to present the current state of the coconut industry and identify the factors behind the drop in the prices of Copra, the main product of most coconut farmers.
The DA Agribusiness and Marketing Division will also make presentations on its proposals to address the low income of Coconut farmers.
Some of the proposals include empowering the coconut farmers cooperatives or associations by providing them with working capital to enable them to buy the copra produced by their members.
DA also plans to link coconut farmers cooperatives and associations directly to processors and oil mills to increase their margin of profit as well as provide them with post-harvest equipment, including cargo hauling trucks to enhance the quality of their products and their access to the market.
There will also be a presentation of other high value products which could be processed from coconuts, including the establishment of facilities for the manufacture of Virgin Coconut Oil, Coco Chips, Coco Sugar and Syrup, Coco Blocks, Coco Coir and others.