August 30, 2022

 

Industries urge Philippine government to raise budget for increasing corn output 

 
 


Industries in the Philippines, that are dependent on animal feed, have called on the government to raise its budget allocation for raising corn output, arguing that corn scarcity will have a follow-on effect on meat, fish and poultry prices.

 

"There should be more funding for yellow corn production as it is the main ingredient for the feed of our main protein sources (such as) poultry, livestock and aquaculture," said United Broiler Raisers Association president Elias Jose M. Inciong. "Considering only the budget numbers, one can say the budget is still rice-centric after all these years and despite the funds from the Rice Tariffication Law. Rice is for the carbohydrate needs of our people."

 

In the proposed 2023 budget, the Department of Agriculture (DA) will receive ₱102.15 billion (US$1.8 billion), up 44%, according to a statement issued by Deputy Speaker and Batangas Rep. Ralph G. Recto. "It took a sitting President (Ferdinand Marcos, Jr.) to concurrently serve as Agriculture Secretary for the DA to finally reap a budget increase."

 

Corn is to receive ₱5.2 billion (US$92.5 million), ₱5 billion (US$88.9 million) for livestock and ₱2 billion (US$36 million) for high-value crops.

 

Inciong said that the government should consult more broadly with stakeholders in preparing budgets.

 

"There should be an Agriculture Fisheries Modernization Plan based on consultations with stakeholders," he said. "There is no plan based on genuine consultations. Also, there should be a National Information Network. This means a data and information system with clear stakeholder buy-in as to its reliability. We still do not have such a system."


- BusinessWorld

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