Philippines: Grain and Feed Update

  |   Attaché Report (GAIN)   |   RP2024-0045

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Office of Agricultural Affairs, Manila   |   (011-632) 301-4900

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Philippines: Grain and Feed Update
FAS Manila forecasts lower milled rice production in Marketing Year (MY) 2024/25 compared to MY 2023/24 due to a series of weather disturbances. FAS Manila forecasts an increase in imports in MY 2024/25 to address reduced domestic production and increasing consumption attributed to population growth. FAS Manila forecasts corn production to increase slightly in MY 2024/25 compared to the previous MY, despite weather disturbances and the impact of fall army worm. Favorable global prices for feed corn and a positive outlook for the broiler, layer, and pet food industries are expected to increase corn imports in MY 2024/25. FAS Manila forecasts MY 2024/25 imports of wheat to grow due to increased demand for milling wheat.
East Asia and the Pacific, Philippines
Grains, Feeds and Fodders, Corn, Rice, Wheat

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