Autor: Ey Abante • April 19, 2017 • Term Paper • 4,849 Words (20 Pages) • 15 Views
Department of Agribusiness Management and Entrepreneurship[pic 1][pic 2]
College of Economics and Management
University of the Philippines at Los Baños College, Laguna
Agribusiness Operations Management
Adrian P. Abante
Prof. Dia Noelle F. Velasco
Date of Submission:
March 24, 2017
TROPHY FARM SUPPLIES
(A BROILER PRODUCTION)
Trophy Farm Supplies as founded by Ret. Capt. Troy D. Bumagat, is a sole proprietorship type of business located at Brgy. Montebello, Kananga, Leyte. It was started as a weekend get-away to teach his kids about agriculture on modern integrated and intensive farming with natural methods on vermiculture, waste management program and producing High Value Crops. Later on, the owner decided to engage in broiler production as he observed that this venture is profitable.
Trophy Farm is registered in Department of Trade and Industry, Bureau of Internal Revenue, Department of Labor and Employment and has accreditation on Assure Quality Standards for Organic Farming.
The farm received ample awards and recognition over the years which made as an inspiration for the proprietor and his staff to improve their work and service concentrating on new innovations that could help the farm to be sustainable and provide of greater quality and safe products.
In 2010, the construction of its first poultry building Farm A1, started. The broiler production business started in March 2011 with 35,000 heads under a contract growing arrangement with San Miguel Corporation.
In November 2012, Trophy Farm decided to terminate the contract growing partnership with San Miguel Corporation and then signed a new contract growing partnership with Bounty Fresh.
In November 2013, Typhoon Haiyan, commonly known as typhoon Yolanda struck the Philippines with a storm signal number 5. Leaving a severe and drastic damage on infrastructures and in agriculture sector in the most affected area; Leyte (Region VIII). In which Trophy farm was drastically affected causing the owner to apply for personal loan amounting to Php28,000,000 for the repair and expansion of additional poultry buildings; Farm B1, B2 and B3.