Philippines: Grain and Feed Annual
Link to report:
A year after passage of the Rice Tariffication Law, Philippine rice farmers struggle to compete with affordable imports from Southeast Asia. Although the Philippine government has used strict enforcement of Sanitary and Phytosanitary Import Permits to manage trade during the harvest season, Post forecasts that MY 20/21 rice imports will rise 27 percent to 3.3 million tons to offset the expected decline in local production. African Swine Fever’s continued spread through the country will dampen hog feed demand, resulting in MY 20/21 imports of wheat and corn declining by 150,000 tons and 50,000 tons, respectively, compared to the previous year. Now the second largest market for U.S. wheat exports, robust Philippine demand of milling wheat is likely to grow by 100,000 tons to a record 4.1 million tons in MY 20/21.
