Manila, May 22 -- San Miguel Corporation (SMC) made good on an earlier commitment to protect farmers' income and ensure the country's stable food supply in the coming months with its purchase of 69 million kilos of corn to date from farmers nationwide, in coordination with the Department of Agriculture (DA).
SMC president and chief operating officer Ramon Ang said that the company, through its San Miguel Foods Inc. (SMFI) has ramped up the sourcing and purchasing of corn and other agricultural outputs to help farmers who are unable to move their produce due to the Luzon-wide quarantine that has also affected food production and distribution.
To help further offset the impact of coronavirus disease (Covid-19) on farmers, he said payment fo...