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Sustained rainfall due to a subsiding El Nino and a weak La Nina that is predicted to last until April 2025 will likely lead to increased rice and corn production in 2024/25.
FAS Manila forecasts an increase in milled rice production in Marketing Year (MY) 2025/26 compared to the previous MY, due to favorable weather conditions and an increase in government funding for the rice industry.
The Ministry of Agriculture has taken unprecedented steps to alleviate the soaring rice prices that have plagued Japan since the summer 2024 rice shortage.
On March 4, 2025, China’s Ministry of Agriculture and Rural Affairs (MARA) announced an updated Feed Ingredients Catalog. It is soliciting public comments until April 3, 2025.
The Ministry of Agriculture, Forestry and Fisheries (MAFF) has taken extraordinary steps to alleviate high rice prices that have continued to increase since the domestic rice shortage in summer 2024.
Cambodia’s imports of soybean meal (SBM) and dried distillers grains (DDGs) in 2024 increased 6 percent year-on-year to 173 thousand metric tons (TMT), equivalent to 9 percent of Cambodia’s actual feed production.
The People's Republic of China's exports of used cooking oil (UCO) reached a record high in 2024. The United States was the top export market for China's UCO at 1.27 million metric tons (MMT), up approximately 52 percent from 2023 and accounting for approximately 43 percent of China's total UCO exports.
All grades of Thai rice have experienced downward pressure on both domestic farm-gate and export prices.
The Philippine Statistics Authority (PSA) has approved the lowering of the milling recovery rate (MRR) of palay to rice from 65.4 to 63.0 percent.
The Philippine Department of Agriculture (DA) declared a food security emergency related to rice on February 3, 2025, citing an extraordinary increase in prices.
FAS/Tokyo projects Japan’s forage demand to continue to be sluggish in MY2024/25 due to the slow recovery of cattle inventories. Even weaker demand for imported forage is anticipated as farmers shift to price-competitive domestic forage.
FAS Bangkok forecasts an increase in Thailand's rice and corn production in MY 2024/25 due to acreage expansion and average yield improvement.