Philippines: Feed millers raise concern over declining local corn production

The Philippine Association of Feed Millers Inc. (PAFMI) has raised concern over insufficient local corn production and is urging the government and local producers to address the urgent need to ensure reliability and consistency of supply in the country. Corn is a key input to various industries, including feed manufacturing, food processing and biofuel production. Animal feed producers are the biggest users of corn, particularly of yellow corn. However, the local supply of yellow corn in the past several years had been falling 48 percent short of feed producers’ requirements. PAFMI believes that a reliable and consistent corn supply will be crucial in boosting local production, not only for animal feeds, but also for food, food processing (into snack food, corn flour, cooking oil and others), and biofuel production. “This can be achieved by coming up and immediately implementing an inclusive, comprehensive, and sustainable corn industry development program,” PAFMI said. Already, ...