Low corn supply impedes Davao food security amid inflation in Philippines

Published 2022년 7월 13일

Tridge summary

The Davao Region in the Philippines is experiencing a shortage of corn, which is essential for poultry production, leading to a decrease in chicken meat supply in the market. The ongoing conflict between Ukraine and Russia, two major corn suppliers, is contributing to the low corn supply globally. The region has only 20% and 50% sufficiency of yellow and white corn, respectively. The Department of Agriculture in Davao Region (DA-11) is working with the private sector to increase local production and reducing reliance on imports, which is a directive from President Ferdinand Marcos Jr. Who also heads the Department of Agriculture. DA-11 is also providing agriculture machinery to farmer cooperatives and organizations to boost production.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

DAVAO CITY – The low supply of corn in the Davao Region has caused a plunge in chicken meat supply in the market as corn grains are considered a vital ingredient in poultry production, an official said Wednesday.“It is still due to the ongoing war between Ukraine and Russia as these two countries are among the biggest suppliers of corn in the world trade. With a low supply of corn, our poultry feed manufacturers also find it hard to meet the necessary production level,” said Alex Sibuan, market specialist of the Department of Agriculture in Davao Region (DA-11).DA-11 records showed that the inflation rate for corn here has increased to 17.9 percent in June 2022 compared to the 4.8 percent inflation rate of the food item in the same month last year.Sibuan also noted that the region only has 20 percent sufficiency of yellow corn and 50 percent for white corn.The DA-11, he said, has strengthened its partnership with the private sector to boost local production.“What we can do is to ...

Source: Pna