The Philippine Association of Feed Millers Inc. is requesting a duty-free import of 100,000 metric tons of yellow corn for the first quarter of 2012 as a result of increased corn prices due to typhoons Pedring and Quiel, according to reports.

The planned import is only 13% of the total requirement estimated for the first quarter, and will not adversely affect the demand or price of local corn, said PAFMI President Norman C. Ramos. The Pork Producers Federation of the Philippines Inc. has also requested a permit to import corn at zero tariff due to the increase in corn prices. The volume of corn crops damaged by typhoons Pedring and Quiel are estimated to have reached 45,000 metric tons, or about 2.93% of the corn production target of 1.551 million metric tons for the fourth quarter of 2011.


Agriculture Assistant Secretary Edilberto M de Luna said the Department of Agriculture is looking into the requests.