Philippine feed makers seek to import 100,000 tons of corn

Feed millers in the Philippines are seeking government approval to import 100,000 tons of yellow corn between January and March to support the requirement of the livestock industry after the devastation of the typhoon that destroyed local crops. The Philippines Association of Feed Millers Inc (PAFMI) have said in a letter to the Agricultural Secretary Proceso Alcala, that the two typhoons that hit in late September and October had damaged the quality of corn pushing up local prices. Read more ...

Rice market sees mixed trend

The rice market showed a mixed trend on Monday, well prices of PR and pure basmati declined all other non basmati and aromatic varieties managed to remain at their previous levels. Mr Tara Chand Sharma, a rice trader said that "Slack buying pulled pure basmati and PR prices down" he added "Prices of non basmati varieties may decrease further in the coming days while aromatic varieties may maintain their current levels till the end of October". Read more ...