5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

New deal inked for corn farmers

by
January 19, 2025
in Stock
0
New deal inked for corn farmers
REUTERS

THE Department of Agriculture (DA) said that it has partnered with San Miguel Foods, Inc. to provide market access to corn farmers.

In a statement on Sunday, the DA said that it had signed a Memorandum of Understanding with San Miguel Foods to provide corn growers with direct access to a market for their crops.

“This partnership offers farmers direct access to buyers, but we must also invest in postharvest facilities to ensure high-quality crops that meet market demands,” Agriculture Undersecretary Roger V. Navarro said.

The agency added that the partnership also aims to resolve supply chain issues currently faced by corn growers.

“The agreement ensures farmers will receive secure and timely payments through bank transfers, addressing one of the sector’s key pain points,” the agency added.

The DA said that it was looking to expand its network of post-harvest facilities as part of its strategy to mitigate crop losses.

“This infrastructure is expected to complement the marketing channels created under the partnership,” the agency added.

Earlier, the DA said it is seeking to increase the production of corn crops to meet at least 81% of domestic demand.

Yellow corn, feed wheat, soybeans, and sorghum are raw materials for animal feed. These materials are imported when domestic output cannot meet demand. White corn is used for human consumption.

The DA’s National Corn Program is seeking to increase yellow corn yields to 5.17 metric tons (MT) per hectare this year, with the target set at 2.29 metric tons per hectare for white corn. — Adrian H. Halili

Previous Post

Levi Strauss wins P138-M tax case

Next Post

House urged to act on VP ouster

Next Post
House urged to act on VP ouster

House urged to act on VP ouster

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    FDI net inflows drop to $529M in Feb.

    FDI net inflows drop to $529M in Feb.

    May 12, 2025
    Over 14,000 MW of new power projects set to go online by 2030

    Over 14,000 MW of new power projects set to go online by 2030

    May 12, 2025
    Demand for domestic debt issuances likely to rise

    Demand for domestic debt issuances likely to rise

    May 12, 2025
    PHL construction industry’s modernization to boost resilience amid trade uncertainties

    PHL construction industry’s modernization to boost resilience amid trade uncertainties

    May 12, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.