• World News
  • Politics
  • Economy
  • Stock
  • Editor’s Pick
Global Trading Markets
EconomyEditor's Pick

NFA to resume corn procurement

by July 1, 2025
July 1, 2025

THE National Food Authority (NFA) is hoping to resume stockpiling corn in 2026, which may require about half a billion pesos in funding, according to the Department of Agriculture (DA).

The NFA will focus on procuring white corn, which is deemed suitable for human consumption, as opposed to yellow corn, which typically goes into animal feed, Secretary Francisco Tiu Laurel, Jr. told reporters.

“Of course, there will be some yellow corn. Why white corn? Because it’s for food,” he said, noting that corn grits could be an alternative to rice.

“We still have many areas in the Philippines (whose people) eat corn grits,” he added.

Mr. Laurel said promoting corn grits as a rice alternative may soften demand for rice.

He said the DA has sought a budget of up to P1 billion for palay (unmilled rice) procurement by the NFA.

Corn production for 2025-2026 will likely rise 0.6% to 8.2 million metric tons, according to an April report by the US Department of Agriculture. 

It cited favorable weather conditions, continued government support programs, and increasing demand for animal feed.

However, it said the projected production increase will not keep up with demand, leading to a possible increase in corn imports. — Kyle Aristophere T. Atienza

previous post
China’s Nuclear Force Buildup: A Direct Challenge to US Strategic Superiority
next post
11 renewable projects gain green-lane status in June

You may also like

PHL could benefit from shift away from US...

July 1, 2025

Gov’t cash utilization rate hits 94% in May

July 1, 2025

PHL investment position minus $69.3B in Q1

July 1, 2025

Misdeclared shipments of onion, mackerel from China intercepted

July 1, 2025

ATEC launches Cabuyao semiconductor plant built for Taiwan’s...

July 1, 2025

Offshore wind developers asked to disclose plans for...

July 1, 2025

11 renewable projects gain green-lane status in June

July 1, 2025

Chicken, fish prices rise in mid-June

June 30, 2025

The effects of VAT on digital services

June 30, 2025

Rice-processing system expected to benefit 6,000 Nueva Ecija...

June 30, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • LATEST UPDATES: America First – Ground Zero Conference Set for Aug. 9-10 in Las Vegas — Gateway Pundit Hosts Powerhouse Lineup Featuring Lara Logan, Rudy Giuliani, Steve Bannon, Gen. Mike Flynn, Dr. Simone Gold, Mike Davis, Peter Ticktin, Roger Stone, Mike Lindell, and More!

      July 1, 2025
    • Is Liver King’s Rage Aimed at Joe Rogan Fueled by More Than Just Steroids? (VIDEO)

      July 1, 2025
    • (VIDEO) President Trump on Putting Crocodiles in Texas’s Rio Grande to Stop Illegal Border Crossers: “A lot of People Think we Should Do it, Frankly”

      July 1, 2025
    • Speaker Johnson Vows to Quickly Pass Trump’s ‘Big Beautiful Bill’ After Senate Passage – But Murkowski Tries to Throw Wrench Into Plans

      July 1, 2025
    • WHOA! Kristi Noem Says She’s Working with DOJ to Prosecute CNN For Promoting ICE Tracking App (VIDEO)

      July 1, 2025
    Footer Logo
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 GlobalTradingMarkets.com All Rights Reserved.

    Global Trading Markets
    • World News
    • Politics
    • Economy
    • Stock
    • Editor’s Pick