Rice

Data & Analysis

March 24, 2015
MY2015/16 rice and corn production is expected to increase slightly due to average yield improvement that will offset anticipated acreage reduction.
March 24, 2015
Export prices declined 2 to 3 percent due to rumors of large sales of government stocks and the weakening Thai baht over the past week.
March 23, 2015
The marketing year (MY) 2015/16 corn production is forecast at 23.4 million metric tons (MMT).
March 23, 2015
Wheat imports are forecast to reach 3.95 million tons in MY14/15 and to slightly over 4 million tons in MY15/16 due to strong demand as a result of shifting diets of the Philippine middle class.