Philippines: Grain and Feed Update

The effects of African Swine Fever (ASF) on feed demand may not be as severe as initially forecast, as the Philippine government's measures on the movement of hogs, pork products, and feed ingredients slow ASF’s spread. Post therefore lowers its MY 2019/2020 feed wheat consumption estimate from a decline of 300,000 MT to 100,000 MT. Rice production in the same year is revised downward due to damages from Typhoon Kammuri, while the corn supply remains firm. Rice imports during the year, on the other hand, will increase 200,000 MT as a result of lower production, enhanced by some shifting away from rice cultivation due to low paddy prices.  

Philippines: Grain and Feed Update