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The Philippines' National Food Authority (Filipino: Pambansang Pangasiwaan ng Pagkain, abbreviated as NFA), is an agency of the Philippine government under the Department of Agriculture responsible for ensuring the food security of the Philippines and the stability of supply and price of rice, the Philippines' staple grain.
Corn is an important staple food for the world, especially for the Philippines, being the primary crop for 20% of the population. [17] In the Philippine epidemic from 1974 to 1975, Philippine downy mildew cost the nation 8% of the total yield , accounting to 205,470 metric tons, or $22,601,700. [ 11 ]
Introduced in 1902, this became the first widely grown yellow sweet corn. The original strain is now often called 'Golden Bantam 8 Row' to indicate it has 8 rows of kernels on the ear. A number of "improved" strains exist with 12 or more rows of kernels on the ear) [2] Iochief, 80 days (1951 AAS winner) [3]
Corn/maize is the second most important crop in the Philippines. 600,000 farm households are employed in different businesses in the corn value chain. As of 2012 [update] , around 2.594 million hectares (6.41 × 10 ^ 6 acres) of land is under corn cultivation and the total production was 7.408 million metric tons (8.166 × 10 ^ 6 short tons ...
Most of the corn grown in the United States today is yellow dent corn or a closely related variety derived from it. [2] Dent corn is the variety used in food manufacturing as the base ingredient for cornmeal flour (used in the baking of cornbread), corn chips, tortillas, and taco shells. It is also used to make corn syrup.
Prices for major cash crops are set in international trade markets with global scope, with some local variation (termed as "basis") based on freight costs and local supply and demand balance. A consequence of this is that a nation, region, or individual producer relying on such a crop may suffer low prices should a bumper crop elsewhere lead to ...
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In 1934, the U.S. Bureau of Labor Statistics began the computation of a daily Commodity price index that became available to the public in 1940. By 1952, the Bureau of Labor Statistics issued a Spot Market Price Index that measured the price movements of "22 sensitive basic commodities whose markets are presumed to be among the first to be influenced by changes in economic conditions.