Economy
Philippines to Raise Corn Import Quota to 500,000 MT to Address Feed Shortage
The Philippine government has issued an executive order raising the minimum access volume (MAV) for corn imports to 500,000 metric tons from 220,000 metric tons, citing a projected shortage of yellow corn for animal feed in 2026 due to domestic production constraints and rising costs.
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- Philippines Doubles Corn Import Quota Amid Farmer Concerns
The Philippine government has significantly increased its corn import quota under the Minimum Access Volume (MAV) scheme to address a projected domestic supply shortage. However, the move has raised concerns among local farmers about potential impacts on their income.