Just Released: "Philippines Agribusiness Report Q4 2013"
BMI View: We hold a positive view on the Philippines agribusiness sector in the long term given the potential for expansion of new sectors, such as palm oil. We particularly like the outlook for sugar production and believe the livestock sector will continue to post healthy growth rates. The Philippines' vast consumption market, along with strong government support, will foster domestic and foreign investment and favour output expansion. However, backyard farming and infrastructure problems, especially transport costs, will continue to...
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