MARKET ANALYSIS

Philippine feed millers to buy more local corn

The Philippine Association of Feed Millers said its members would purchase more corn from local farmers, as a bumper crop increases availability.

Sarmiento Garcia, president of the Philippine Association of Feed Millers Inc. (PAFMI), also said the group would secure contract growing with corn farmers.

The agreement, which is still being negotiated, would guarantee that feed millers would buy local corn and the Department of Agriculture would provide technical assistance.