Philippines may cancel corn shipments to Vietnam
The Philippine Government may cancel
its plan to export corn to Vietnam late this year after recent floods
and storms damaged key corn-growing areas in the country.
The Philippine Government may cancel
its plan to export corn to Vietnam late this year after recent floods
and storms damaged key corn-growing areas in the country.
Addressing an expo on farm produce, food and fisheries in Pasay , Philippine Agriculture Deputy Minister Bernie G. Fondevilla announced that the plan could be delayed until early 2010, despite high demand for yellow corn for animal feed processing.
In August, the Philippines intended to ship about 150,000 out of 600,000 tonnes of domestically grown yellow corn, marking the country’s first export of the product. However, two consecutive tropical storms--Ketsana and Parma —have destroyed 18,651 ha of corn fields in Luzon .
According to the Philippine Maize Federation Inc. President Roger V. Navarro, about 20,000-25,000 ha of corn fields, with an estimated output of 80,000-100,000 ha in Tuguegarao and Isabela, are submerged, forcing the Government to stockpile corn to ensure next year’s supply.
Local farmers and the husbandry sector welcomed the Government decision, which helped stabilise corn prices in the country. A kilo of corn is currently sold at 9-10 peso as compare with 4-8 peso in August.
According to the Philippine National Food Agency, the country will import 250,000 tonnes of rice late this month ahead of its plan to import 2 million tonnes of rice in 2010 due to the recent disasters.
The Philippines will allocate 136.8 million USD to buy 25 percent broken rice from Vietnam and Thailand .
The plan to import 2 million tonnes of rice in 2010 is 13 percent higher than 2009 and most of the volume will come from Vietnam .
The Philippine National Food Agency said the country’s rice reserve is at 1.2 million tonnes, enough to meet demand for only 35 days./.
Addressing an expo on farm produce, food and fisheries in Pasay , Philippine Agriculture Deputy Minister Bernie G. Fondevilla announced that the plan could be delayed until early 2010, despite high demand for yellow corn for animal feed processing.
In August, the Philippines intended to ship about 150,000 out of 600,000 tonnes of domestically grown yellow corn, marking the country’s first export of the product. However, two consecutive tropical storms--Ketsana and Parma —have destroyed 18,651 ha of corn fields in Luzon .
According to the Philippine Maize Federation Inc. President Roger V. Navarro, about 20,000-25,000 ha of corn fields, with an estimated output of 80,000-100,000 ha in Tuguegarao and Isabela, are submerged, forcing the Government to stockpile corn to ensure next year’s supply.
Local farmers and the husbandry sector welcomed the Government decision, which helped stabilise corn prices in the country. A kilo of corn is currently sold at 9-10 peso as compare with 4-8 peso in August.
According to the Philippine National Food Agency, the country will import 250,000 tonnes of rice late this month ahead of its plan to import 2 million tonnes of rice in 2010 due to the recent disasters.
The Philippines will allocate 136.8 million USD to buy 25 percent broken rice from Vietnam and Thailand .
The plan to import 2 million tonnes of rice in 2010 is 13 percent higher than 2009 and most of the volume will come from Vietnam .
The Philippine National Food Agency said the country’s rice reserve is at 1.2 million tonnes, enough to meet demand for only 35 days./.
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