SMC to buy more corn

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    San Miguel Corp. (SMC) said its food unit San Miguel Foods Inc. has purchased a total of 436,209 metric tons of corn from local farmers as of September 30, this year.

    Purchases were from farmer cooperatives in Luzon as well as in southern Mindanao where farmers had limited ability to sell their produce.

    “We’re for tunate that we have completed construction of many of our new, modern feed mills nationwide, equipped with large silos with aerators. This allows us to stockpile and store corn and other grains for a year,” said Ramon Ang, SMC president.

    SMC will buy more corn particularly from Bukidnon and Pangasinan once harvest season in the said regions, start in the first quarter of next year.