Pinoy Trader Answers to Vietnam Cheap Rice

By Mortz C. Ortigoza

DAGUPAN CITY – A farming entrepreneur has the silver bullet to compete with the six pesos per kilo cost of production (COP) of the Vietnam rice that becomes a bane to local farmers.

Lawyer Eric Acuña explained to this newspaper that if the COP of the Vietnam rice has P6.00 cost of production per kilo versus the Philippines P12. 41 a kilo he can compete with a P4.53 a kilo by using his plant growth enhancer technology.

 Acuña, a former Pangasinan congressman, said that Vietnam rice that floods the market because of the Rice Liberalization Law and at the expense of Filipino farmhands is still cheap even after it entered the Bureau of Customs.

“The cost of production of Vietnam is P6.00, tariff imposed by the Philippines government on that price is 35% or P2.10 a kilo, freight cost is P1.00, and importer’s profit is P1.00,” he cited the landed cost of P10 a kilo.

He said that with AMO organic fertilizer applied to a hectare of a rice farm, a kilo of the local palay will cost P4.53 that could threaten the Vietnam staple.

“Habol natin is for everybody to try. We are willing to conduct free farm trial,” Acuña , who impressed several sectors like National Tobacco Administration after he gave them a free trial, stressed.

He explained that in a conventional farm, a Filipino farmer earned four tons or 4,000 kilos a hectare or 80 cavans at a cost of P12.41 kilo or P49,000 a hectare.

“With AMO high Brix farming it will become six tons or 6,000 kilos per hectare or 120 cavans a hectare or P8.16 a kilo or P49,000 a hectare”.

Because of the organic farming technology, a Filipino could reduce by P3.63 his COP from an P8.16 a kilo or a saving of P4.53 a kilo.

Based on inputs like fertilizer in conventional farm (CF) , the price is P12,000 for the 12 bags of commercial fertilizers while AMO high Brix farming technology (AHBFT) cost P4,000 that will be mixed with 4 bags commercial fertilizer.

On plant growth enhancer, CF costs P1,130 on Gromax while AHBFT is priced at P2,800 on 4 packs of AMO at P700.00 each.

On insecticide, CF costs P1,120 on Cypermetrin  Chlorpyrifus Cartap while AHBFT is zero expense.

On fungicide, CF cost P4,990 on Armory while zero expense on AHBFT.

“Iyong insecticide, fungicide dito ka kukuha magbabawas ka ngayon sa fertizer,” the former solon said.

On soil conditioner, CF cost P425 for Milca while AMO high Brixx Farming Technology is zero expense, on Molluscicide it cost P670 while AHBFT is zero expense, Rodenticide is priced at P800 for 40 pieces. AHBFT is zero expense.

Conventional farming total cost is P21, 335 while AHBFT is pegged at P6,800 or a saving of P14, 535 per hectare.

 Acuña will be a resource speaker at Mindanao Rice Farmers Forum on September 20, 2019 to be held at the Grand Regal Hotel in Davao City through the invitation of Mindanao Development Authority Chairman and Secretary Emmanuel Piñol.

He said he will discuss the technology of AMO miracle plant growth enhancer to the stakeholders there.

“Upuan ninyo tingnan kung doable nga kasi paniniwala namin na paniniwala ko doable kasi iyan ang computation ko,” he stressed of what he will tell the spectators there.

Entrepreneur and former Pangasinan congressman Eric G. Acuña and wife Rosalie (3rd and 4th from left) and Agriculture Secretary Manny Piñol (2nd from left) pose for posterity after the Acuñas presented their intention to Piñol at his office in Quezon City to demonstrate for free to the Philippine government how their innovative fertilizer can increase palay yields in a hectare by  almost 50 percent.

READ MY OTHER NEWS ARTICLE:

Tobacco Farmers in P’gasinan earn P1M per Hectare