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San Miguel to buy 4M kilos of surplus corn from DA


Diversified conglomerate San Miguel Corporation (SMC) said Wednesday it will purchase four million kilos of surplus corn from the Department of Agriculture.

The move is aimed at providing a “lifeline to farmers and help secure the country’s food supply in the midst of COVID-19,” SMC said in a statement.

The surplus corn is enough to produce feeds for over seven million live broilers that can eventually feed four million families in one day, the company noted.

SMC said it is also in talks with the DA to utilize strategic Petron stations nationwide as outlets for government’s “Kadiwa ni Ani at Kita” rolling store program, to make farm produce such as fruits and vegetables accessible to consumers.

The program is the market system project of the DA that links local farmers to consumers to ensure the sale of agricultural produce at reasonable prices.

“Through this program with the Agricultural department, we will be able to keep our farmers afloat as we navigate these uncertain times. At the same time, we also help people stay safe, healthy and nourished by providing them a convenient way to buy fresh fruits and vegetables from our local farmers,” SMC president and COO Ramon Ang said.

Petron stations that will be initially tapped as venues for Kadiwa stores are Filinvest, Dasmarinas/Edsa and Katipunan/La Vista.

The company said that more gas stations will be added in the coming days.

Currently, SMC’s Petron stations also serve as sites for SMC’s Manukang Bayan refrigerated vans, which bring fresh chicken and other refrigerated and canned meats closer to consumers.

“We thank the DA for helping us identify possible sources of corn and cassava and farmers who are in need of help. By helping them, we will also ensure that we get the needed raw material supplies for our various food products,” Ang said.

Among these are some 25,000 hectares of corn farms in Cagayan, where much of the surplus corn will come from. The company is also looking to the DA to link it with cooperative heads in Tuguegarao for sourcing of cassava.

SMC said it will buy the produce at pre-agreed prices and volume, as part of a long-term partnership.

The company has also reiterated its call to farmers nationwide to supply rice, corn, cassava, sweet potato, coconut oil and other farm products that will be bought at guaranteed prices for the farmers benefit.

SMC also assured a stable food supply for at least six months even beyond the enhanced community quarantine with the 24/7 operation of its food facilities.

SMC’s food facilities can produce a daily output of 1.96 million kilograms of fresh meats (poultry, beef, and pork); 524,000 kilograms of processed meats (canned meat, nuggets, and hotdogs); and 2.11 million kilograms of flour/baked goods (flour, biscuits, pandesal, and nutribuns).

The company also continues to donate food products, rice, and flour to vulnerable communities in support of the government’s COVID-19 relief efforts. — RSJ, GMA News