Masaganang Agrikultura, Maunlad na Ekonomiya!

P15-M Peanut-based Project Turnover to FFF MPC (September 12, 2024)

Author: DA-AFID | 13 September 2024

The Department of Agriculture (DA), through the Philippine Rural Development Project (PRDP), formally turned over the P15-million peanut production, consolidation, and marketing project to the Aramal-Tocok Federation of Free Farmers Multi-Purpose Cooperative (FFF MPC), September 12.

The said project comprises a P14.9-million peanut consolidation and storage facility, trucks, tractors, and financial capital.

Through the project, the Aramal-Tocok FFF MPC will handle the contract growing of unshelled peanuts as well as provide mechanization services, in-kind credits, and loans to local farmers. A reduction in production costs and postharvest losses and a 40 percent increase in profitability are expected as a result of the project. ### (photos by Gian Carlo P. Luague, DA-AFID)