THE Philippine Association of Feed Millers, Inc. said the government needs to modernize the corn industry in light of increasing demand for animal feed.
The group said it welcomes the Department of Agriculture’s Corn Production Enhancement Project, which has a yield improvement target of 3% a year. Last month, President Ferdinand R. Marcos, Jr. signed Executive Order No. 10, extending lower tariffs on pork, rice, corn and coal until Dec. 31. The association cited a 2022-2023 corn supply outlook issued by the National Corn Program, indicating that domestic production is expected to account for 57% of the country’s needs.
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