Philippines delays corn import quota expansion amid harvest price risk
The Philippine government is still reviewing a proposal to raise the corn minimum access volume to 500,000 metric tons as it seeks to avoid disrupting local prices during the harvest season. The planned increase would more than double the current quota and could lower import costs for feed users through a preferential 5% tariff.
Highlights
- Malacañang is reviewing an executive order to increase the corn import quota from 216,940 to 500,000 metric tons, with timing postponed over farmer price concerns.
- Under the proposal, corn imports within the minimum access volume would be subject to a 5% tariff, while volumes above the quota remain at a 15% tariff.
- The Department of Agriculture backs the higher quota, aiming to help livestock and poultry producers manage rising feed costs and mitigate El Niño-driven supply risks.
Quota increase under review during harvest period
As reported by BusinessWorld Online, Malacañang is evaluating an executive order that would raise the corn import quota from 216,940 metric tons to 500,000 metric tons, but the measure has not yet been signed.Palace Press Officer Clarissa A. Castro said the timing of the order remains under discussion because additional imports during harvest could hurt corn farmers. She said the Department of Agriculture is working with the Palace to assess the likely effect of the higher quota on both growers and the feed industry.
Under the proposal, corn imports within the minimum access volume would enter at a 5% tariff, while shipments beyond the quota would continue to face a 15% tariff. The Palace said the Department of Agriculture submitted its request to increase the corn MAV on Sept. 29.
Feed cost concerns shape agriculture policy
The Department of Agriculture supports a higher quota to help livestock and poultry producers manage feed costs and limit possible supply pressure tied to weather risks and rising farm production expenses.Corn remains a key input for animal feed, making its supply and pricing important for the livestock and poultry sectors. The department said in June that the proposal was developed in consultation with the corn, livestock and poultry industries, and it also cited the threat of a strong El Niño and possible disruptions to corn production as reasons for seeking a higher import allocation.
Our earlier coverage looked at the Philippines expanding access to Malaysia’s halal market after PhilUlama was recognized by Malaysia’s JAKIM as a fourth Philippine-based halal certification body. We noted that the broader pool of internationally accepted certifiers can make it easier for exporters to meet Malaysia’s requirements and supports the government’s wider push to grow halal trade, tourism, and investment beyond purely religious compliance.
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