The Philippines has set a tender for April 11 to buy up to 200,000 tonnes of yellow corn for June/July arrival, officials of the National Food Authority said on Tuesday. The specific origin of the corn was not set but officials said the grain's quality should be equivalent to US grade number 2 or 3.
The volume is part of the 400,000 tonnes of corn that the country plans to buy overseas this year to fill up a projected shortfall in local production for animal feed.