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Oct 01, 2021

Philippine Feed Millers Worried About Corn Supply, Tariffs

Philippine Association of Feed Millers Inc. urges government to address need for reliable, consistent supply of corn

source: Feed Strategy

The Philippine Association of Feed Millers Inc. (PAFMI) has asked the government to address the need to ensure a reliable and consistent supply of corn and to review its tariff structure.

According to a Manila Bulletin report, the local supply of yellow corn in recent years has fallen 48% short of requirements.

PAFMI said a reliable and consistent supply of corn is crucial to boost local production of animal feed, human food and biodiesel.

A policy program is needed, PAFMI said, to address corn production concerns, as well as post-harvest facilities, credit, warehousing, marketing, transport and other logistics concerns.

Read the full report at Feed Strategy.

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Marketwatch: Dec, 03

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open: 5.6309
high: 5.6797
low: 5.6159
close: 5.6309

cmdty National Soybean Price Idx: ZSPAUS.CM

open: 11.9852
high: 12.1581
low: 11.9477
close: 12.111

cmdty National Hard Red Winter Wheat Price Idx: KEPAUS.CM

open: 8.119
high: 8.2535
low: 8.054
close: 8.2002

cmdty National Soft Red Winter Wheat Price Idx: ZWPAUS.CM

open: 7.5939
high: 7.7096
low: 7.5239
close: 7.6525