Monterey Foods Corporation (formerly Monterey Farms Corporation) began in 1969 with a 1,200-hectare cattle ranch in Isabela. In 1980, it became a subsidiary of San Miguel Corporation, the Philippines? largest food and beverage conglomerate. Today, it is the country?s largest hog and cattle operation, with the latest technology in feed milling, breeding, livestock raising, slaughtering, meat retailing, and meat processing.