Trending Now
Randomized Controlled Trials of Medicare and Medicaid, Please
China Shocked? Hard Hit Metropolitan Statistical Areas Have...
Selling the Public Lands
Selling the Public Lands
Economists: Central Bank Digital Currency Should Not Exist...
Subjective Value and Market Prices
What Dr. Wen Gets Right—and Misses—About Teen Nicotine...
Praxeology
The Birth of the Austrian School
Market access could be focus in next round...
  • About Us
  • Contacts
  • Email Whitelisting
  • Privacy Policy
  • Terms and Conditions
DailyProfitTips.com
  • Editor’s Pick
  • Economy
  • Investing
  • Politics
  • World News
EconomyEditor's Pick

Chamber backs consolidation of corn farms, logistics investment

by July 21, 2025
July 21, 2025

CORN FARMS need to be consolidated and backed with improved logistics to boost their output and bring down feed costs, benefiting the livestock industry, the Philippine Chamber of Agriculture and Food, Inc. (PCAFI) said.

In a statement, PCAFI called on the Department of Agriculture (DA) to invest about P500 million for every thousand hectares planted to corn in regions II, X and XII, which harvest corn twice a year.

It said the DA should accelerate clustering and consolidation of corn producers and provide appropriate logistics to reduce transfer costs and enhance corn farmers’ earning opportunities.

The government should also consider implementing a floor price scheme for corn, it added.

The US Department of Agriculture (USDA) earlier noted a rise in global corn production, which may result in higher prices of feed corn in the global market.

Citing its foreign agriculture service in Manila, the USDA said production in the Philippines is forecast to grow 0.6% year on year to 8.2 million tons in marketing year 2025/26, due in large part to better weather conditions and continued government support.

It added that local production is not likely to satisfy demand from the broiler, layer, aquaculture, and pet food industries.

PCAFI said the government also needs to scale up production of cassava and sweet potato to ease shortages in other raw materials needed for animal feed.

It said the policy governing food imports must be rationalized to ensure that imports are resorted to only in the event of domestic shortages to protect farmers from price competition. — Kyle Aristophere T. Atienza

previous post
Financial freedom seen emerging as priority in PHL financial planning
next post
BoC extends validity of importer accreditations to three years

Related Posts

Randomized Controlled Trials of Medicare and Medicaid, Please

July 21, 2025

China Shocked? Hard Hit Metropolitan Statistical Areas Have...

July 21, 2025

What Dr. Wen Gets Right—and Misses—About Teen Nicotine...

July 21, 2025

Market access could be focus in next round...

July 21, 2025

Konektadong Pinoy seen as improvement over status quo

July 21, 2025

PEZA taps Concentrix to enhance ease of doing...

July 21, 2025

Survival fund approves nearly P100M worth of projects

July 21, 2025

BoC extends validity of importer accreditations to three...

July 21, 2025

Financial freedom seen emerging as priority in PHL...

July 21, 2025

Is APIC part of the cost of shares...

July 21, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • About Us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2025 DailyProfitTips.com All Rights Reserved.

    DailyProfitTips.com
    • Editor’s Pick
    • Economy
    • Investing
    • Politics
    • World News