Industry News

Yellow corn yield achieved 103% self-sufficiency last year–Piñol


THE Department of Agriculture (DA) has announced that the country has achieved a 103-percent self-sufficiency in yellow corn production last year, the first in more than two decades.

Quoting a report from the Philippine Statistics Authority (PSA), Agriculture Secretary Emmanuel F. Piñol said gross yellow corn output in 2017 reached 5.811 million metric tons (MMT), which translated to a net local production of 5.749 MMT at a 1.07-percent postharvest loss. This, Piñol noted, was 3.3 percent higher, or 189,000 metric tons (MT) more, than the 5.560 MT total yellow corn demand last year.

“This is the first time in the history of the corn industry that Filipino farmers produced more yellow corn than the local demand with prices at record high at P15 to P16 per kilo at farm gate,” he said in a Facebook post on Wednesday.

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