Philippines discourages corn imports

23.08.2018

The Department of Agriculture has rejected a request by feed millers to import yellow corn at zero tariff as it will negatively impact local corn farmers. Agriculture Secretary Emmanuel Piñol said importers would have to pay tariff to be fair to the farmers as prices of local corn is low. The Philippine Association of Feed Millers Inc (Pafmi) is reported to have imported 200,000 tonnes of corn at zero tariff.

At the end of July Pafmi wrote a letter to Mr Piñol requesting for duty-free importation of yellow corn to augment local supply and ease the price of animal feed as two successive typhoons had battered Northern Luzon and “adversely affected the quality and price of corn.” Raul Q. Montemayor, national business manager and program officer of the Federation of Free Farmers, said there is no need to cut the tariff as feed millers have the option to import from Asean countries at 5% tariff.


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