Coconut Farmers Case Study
Growth of the population from the countryside. As we all knew that the coconut is known for its great versatility as seen in the many uses of its different parts and found throughout the tropics and subtropics. Coconuts are part of the daily diets of many people. Coconuts are different from any other fruits because they contain a large quantity of "water" and when immature they are known as tender-nuts or jelly-nuts and may be harvested for drinking. When mature, they still contain some water and can be used as seednuts or processed to give oil from the kernel, charcoal from the hard shell and coir from the fibrous husk.
Yap, (2013) entitled “Socio-Cultural Factors Affecting the Market Behavior of Coconut Farmers in Central Philippines”. In a competitive market, both suppliers and buyers behave with the aim of obtaining the most concession from the other. There are situations wherein one party benefits more than the other, resulting in unfavorable outcomes for the latter. The study explored the socio-cultural factors that affect the market behavior of coconut farmers, in an attempt to rationalize why coconut farmers are poor. Productivity and income of small coconut farmers are expected to deteriorate together with vast agricultural lands becoming idle and barren, unless government interventions are enhanced, and young professionals are encouraged to return to the farms.
Pabuayon, (2008) entitled “Key Factors, Prices and Value Shares in the Philippine Coconut Market
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