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Post’s forecast for Philippine pork production in 2021 turns negative as ASF continues to discourage commercial operations from reinvesting in the sector, which in turn has led to spiking...
The COVID-19 pandemic and African Swine Fever continue to dampen feed demand in the Philippines, while recent typhoons were damaging to rice and corn but not enough to offset strong production...
To combat the spread of the COVID-19 pandemic, the Philippine government placed much of the country in various forms of quarantine, which in turn sharply eroded the demand for...
The Philippines is the ninth largest export market for U.S. agricultural products and its largest market for consumer-oriented products in Southeast Asia.
The Philippines is a biotechnology leader in Southeast Asia, highlighted by its co-sponsorship of the International Statement on Agricultural Applications of Precision Biotechnology...
The Philippines imports virtually all of its dairy products, especially milk powder, as domestic production cannot meet the country’s dairy demand of nearly 3.0 MMT liquid milk...
Philippine raw sugar production in MY 2020/21 is projected to reach 2.19 MMT, up two percent from the previous year due to improved sugar cane genetics and farm management.
While the Philippine food service sector was set to grow eight-plus percent in 2020 to $16 billion, COVID-19 related measures have reduced prospects to less than $7 billion.
The dual crises of the COVID-19 pandemic and African Swine Fever have impacted the Philippine hog and chicken sectors, traditionally the strongest performers in the agricultural economy.
Post expects a larger drop in pork production of 20 percent in 2020 as African Swine Fever remains a major concern in Luzon and parts of Mindanao.
The Philippine food retail sector has grown 25 percent over the past five years, reaching approximately $50 billion in 2019.
Due to low farm gate prices in the second quarter of 2020 as a result of the challenges of COVID-19, Post has lowered chicken meat production to three percent growth over the 2019 level.