Team R.I.C.E. Research Institute for Cultivating Efficiency Kaleigh Ham Joyce Malkoun Samson Yosef Jenny Pan Jia Zheng Steven Immel.

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Presentation transcript:

Team R.I.C.E. Research Institute for Cultivating Efficiency Kaleigh Ham Joyce Malkoun Samson Yosef Jenny Pan Jia Zheng Steven Immel

To increase rice production and yield employment in the Philippines, and to decrease methane emissions globally. Mission Statement

Proposed Service and Description Drainage and Fertilizer in the Philippines

Purpose: To Decrease Methane Emission and Increase Rice Yield Problem: Increasing Methane Emission due to Wetland Rice Fields Decreasing Filipino Rice Yield Need: To Improve the Philippine’s Rank in the Rice Industry Solution: Use of Mid-Season Drainage System and Ammonium Sulfate Fertilizer Our Company’s Service

Mid-Season Drainage System: Allow for shallow flooding Drain water for 7 days to stress the soil Benefits: 50% Lower Methane Emission Water Conservation Higher Rice Yield Disadvantage: Production of Nitrous Oxide Benefits and Disadvantages

Purpose of Ammonium Sulfate Fertilizer: To decrease nitrous oxide emission To decrease methane To increase rice productivity Purpose of Fertilizer 3/fertilizer-basics/

Operational Structure Domestic and Global Effects

Domestic Effects Adds to local economy Give jobs to Filipinos Help with local greenhouse depletion Farmer friendly /

Global Effects Adds to global economy Influential in “going green” Easy to execute and implement Promotes employment throughout world employment/

Financial Implications Project Costs and Projections

Budget Costs ExpensesAnnual Cost Water management equipment$1,535, Ammonium Sulfate$77, Labor$9,378 Total Cost Year 0$1,622, Total Cost Year 1-3$87,

Production

Projected Returns

Marketing Target, Competition, and Promotion

Target Rice Manufacturers Filipino Government Philippine Research Rice Institute Bureau of Agricultural Statistics

Competition Traditional Patty-field Production Rice-duck Technology philippines.html farming-can-mitigate-global-warming-study

Promotion Market business-to-business communication by creating personal relationships Create a company website and Facebook account for social networking and brand awareness for investors

Limitations Water and Money

Water Evapotranspiration, Seepage, Preparation, and Percolation Advantage: less water needed, less methane is produced (temp, rice), less water pollution then traditional methods Disadvantages: weeding required, higher quality water is needed, increases the susceptibility of certain diseases for certain types of rice

Money Advantages: less water needed able to utilize some of the remaining structure Disadvantages: more water management equipment needed more gas required for pump large up front cost

Overcoming Problems Government support for environmental betterment Genetic modification of rice – More productive, more drought resistant, disease defiant – These modifications could eliminate the majority of limitations Superior fertilizers – Fertilizers that are better adapted to this form of farming

Summary Increase Rice Production Reduce Methane and Nitrous Oxide Emission Provide a Stable Food Source for the Philippines Decrease Water Consumption

Questions

References rice.htmlhttp:// varval.asp&ma=N90FPPRF&path=pxweb/database/main/MEGA/&lang=