Thursday, January 15, 2009

Corn

  • After last year's Rice Crisis now comes the Corn Crisis. Without adequate supply (some speculates that this is artificial), the price of corn is now more than 20 pesos from 13-14 pesos.
  • With backyard production parameters (FCR~3.5, ADG~0.6) the cost of production per kg of live pig is ~98 pesos at current price of corn.
  • Farm gate price of hogs is 105 pesos, and increasing.

More info:

Philippine Feed Millers Insist On Importing Corn At Zero Duty

Poultry growers warn of production drop due to high feeds costs

RP hog, poultry sector cites production pressures