President Ferdinand Marcos Jr. led the inauguration of a P278.3-million grain terminal in Batangas City on Thursday, aiming to consolidate the supply of corn and reduce prices of poultry and livestock products in the Southern Tagalog Region.
The new grain terminal, funded by a loan from the World Bank with counterpart funding from the Department of Agriculture’s Philippine Rural Development Project and the Sorosoro Ibaba Development Cooperative, will enhance the existing feed mill by integrating a silo operation with a capacity of 12,000 metric tons.
This project is expected to benefit 567 yellow corn farmers, hog raisers, and poultry farmers, and help stabilize the prices of animal feeds and livestock products. The terminal will serve as a central hub for yellow corn used in animal feed production, ultimately reducing costs for farmers and consumers alike.
