Loading…
The Philippine government issued an executive order more than doubling the corn minimum access volume to 500,000 metric tonnes. The move responds to a projected yellow corn supply gap caused by a strong El Niño hitting agriculture.
The page also carries other unrelated national headlines.
Higher duty-free corn imports cover a domestic shortfall, supporting demand for world corn while easing local feed-corn prices.
businessmirror.com.phBless Aubrey OgerioFeb 12, 2018After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
