KORONADAL City––Agriculture officials in South Cotabato are taking measures to cushion the impact of low buying price of corn products on farmers.
The law of supply and demand was seen as the reason in the slump of corn prices, according to Justina Navarette, provincial agriculture officer.
Navarette said corn production in the province has increased tremendously the past harvest season, causing the price of the commodity to drop.
She said the most affected town in the drop of buying price of corn grains was Banga, known as the corn capital of South Cotabato.
Compounding the problem was the refusal of some traders to purchase the farmers’ produce due
to voluminous supplies.
According to Navarette, the provincial agriculture office will negotiate with Biotech Farms to prioritize corn products from the province.
She explained that the provincial government is mulling assistance to corn farmers because no government agency attends to them when the price of their primary products drops due to supply and demand.
For palay farmers, the National Food Authority (NFA) procures palay at a higher price when palay prices in the market drop.
South Cotabato, a part of Region 12, has an annual corn production of 435,981 metric tons, followed by North Cotabato with 385,428; Sultan Kudarat, 234,393; and Sarangani, 145,479, according to Zaldy Boloron, DA-12 corn program coordinator.
In his 130-page “Regional Corn Roadmap CY (Calendar Year) 2012 to 2017” presentation, Boloron said Region 12 has an annual production of 1.20 million MT the previous year.
Boloron cited the strong corn sector performance to the wide area suitable for corn production, availability of high quality seeds and access to technology.
Region 12 has 429,319 hectares of corn fields.
The region is the third biggest producer of corn in the country. (PNA)
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