THE PROPOSED lowering of the tariff on yellow corn imports will be detrimental to both producers and consumers by ultimately increasing import dependency, because such a measure would force many domestic producers out, the corn industry said. Roger V. Navarro, president of the Philippine Maize Federation, Inc., said domestic producers will be “slaughtered” by the […]
Tag: corn
High meat, poultry production costs blamed on corn tariffs
CORN TARIFFS are driving up the cost of producing livestock and poultry, putting the industry at a disadvantage relative to imports, the Philippine Association of Feed Millers, Inc. (PAFMI) said. Citing a study by the National Economic and Development Authority (NEDA), the association said in a statement Thursday that over the last decade, the Philippines […]
Corn industry roadmap expected this month
THE CORN industry development roadmap is expected to be completed this month, with the industry’s critical role in providing feed for farm animals to be the focus, the Department of Agriculture (DA) said. Agriculture Assistant Secretary Liza G. Battad said the plan is still subject to further consultations. “We hope it will be completed and […]
PHL rice inventory declines 7.5% in early May
THE RICE inventory fell 7.5% year on year to 2.58 million metric tons (MT) as measured on May 1, according to the Philippine Statistics Authority (PSA). The PSA said in a report that rice stocks held by households fell 6.2% to 1.43 million MT. Inventories held by commercial warehouses fell 4% to 918,670 MT. Rice […]
Asturias taps agriculture, tourism as growth drivers
THE town of Asturias is working on strengthening its agriculture and tourism industries to win more investors. In an interview, Asturias Mayor Jose Antonio Pintor said the town has been investing in infrastructure to make it easier for farmers to transport their goods. They also have plans to further boost the town’s livelihood, which is […]