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On December 22, 2023, President Ferdinand Marcos, Jr. signed Executive Order No. 50 (EO 50) extending lower tariffs on pork, corn, and rice for another year or until December 31, 2024. EO 50 was published on December 26, 2023, and took effect immediately upon publication.
FAS Manila maintains its September 2023 forecast for rice and corn production and imports, but lowers its forecast slightly for wheat imports to 6.0 million metric tons.
The Philippines is expected to experience economic growth between 2025 and 2070, due to a shift in its demographics, necessitating a robust and efficient food distribution system.
On August 23, 2023, the Philippine Department of Agriculture issued Memorandum Circular No. 37 (2023), an Addendum to the Bureau of Animal Industry Memorandum Circular No. 26 (2021), which requires traders to submit a Feed Utilization Report and...
The Philippines has been a pioneer within Asia in adopting biotechnology crops, and recently approved Bt cotton as the 4th genetically engineered (GE) crop cleared for commercial propagation after corn (2002), rice (2021), and eggplant (2022). The...
On January 13, 2023, President Ferdinand R. Marcos, Jr. signed Executive Order (EO) 13, series of 2023, extending 5 percent tariffs for mechanically deboned or separated poultry (chicken and turkey) imports through December 31, 2024. The EO was published on January 20, 2023 and takes effect immediately.
With one of the highest dog and cat ownership rates in Asia, the Philippines presents a growing opportunity for U.S. pet food. As pets became more popular household companions, especially during the pandemic, pet ownership and pet food sales have grown immensely over the past five years.
The Philippine government is currently studying higher ethanol blends in gasoline on a voluntary basis up to 20 percent (beyond the 10 percent mandate).
Aviation is responsible for more than two percent of all global carbon dioxide (CO2) emissions. Most of this CO2 is emitted when fossil-fuel-derived jet fuel is combusted. Sustainable aviation fuel (SAF) is a key part of the aviation industry’s plan to reduce carbon emissions.
Malnutrition is still prevalent in the Philippines. Among 12.7 million school-aged children assessed in 2019, 13.2 percent were stunted or wasted. The School-Based Feeding Program is one intervention to address undernutrition of school children.
In a yet unpublished memo, the Philippine Department of Agriculture (DA) re-authorized the issuances of sanitary and phytosanitary import permits for up to 21,060 metric tons (MT) of fresh yellow and red onions in a reported effort to stabilize...
FAS Manila forecasts 2023 pork production at 1 million MT, as commercial pork producers plan to raise larger pigs. Pork imports, meanwhile, are forecast at 600,000 MT in response to lower tariffs that have been extended through December 31, 2023.