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Ompong seen hiking farm-gate price of corn

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The farm-gate price of corn may go up further if Typhoon Ompong (international code name Mangkhut) would batter farms in Northern Luzon, according to the Philippine Maize Federation Inc. (PhilMaize).

Definitely the prices would go up because there would be scarcity in supply. Prices would really go up, PhilMaize President Roger V. Navarro told the BusinessMirror in an interview.

The current farm-gate price of yellow corn hovers above the P14-per-kilograms level, according to the Philippine Statistics Authority.

See full article at Business Mirror

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