Production

Philippines seen to import more corn

Published by
Philippine Star

Catherine Talavera – The Philippine Star December 27, 2021 | 12:00am MANILA, Philippines — The Philippines is projected to boost its importation of corn in a bid to balance supply and demand, the United States Department of Agriculture (USDA) said. In a report by its Foreign Agricultural Service, the USDA said it is revising upward its corn imports forecast for the Philippines to 1.2 million metric tons (MT) for 2021 to 2022, which started in July. The 1.2 million MT projection is more than double its earlier forecast of 500,000 MT. It is also higher than the 626,000 MT imports in the previous…

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