PHL seen importing more corn for animal feed

Quick Summary:

The country’s corn imports will rise by 7.2 percent to 1.63 million metric tons (MMT) for marketing year (MY) 2024-2025 to meet the increasing demand of the domestic animal feed industry, according to an international report.

Cocoa caps 2024 as biggest commodity winner.

Data from the Bureau of Plant Industry showed that rice shipments from January 1 to December 12 have reached 4.48 MMT.

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Article Details

Author / Journalist: Ada Pelonia

Category: BusinessStartups

Markets: PhilippinesUnited States

Topics: Report Rice Current Percent Food Forecast Industry Production Feed Demand Corn

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 16:12:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 11 lines

Sentence Length: 41 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 24672085

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 15 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 14 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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