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A larger than average crop this year caused Kazakhstan to introduce export subsidies for shipping wheat to Europe and other Central Asian countries effective through September 1, 2025.

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 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.

Kazakhstan’s total wheat production has been revised up to 16.5 million metric tons as good weather during last year’s summer vegetative period resulted in a larger than average crop. Barley production estimates are raised slightly to 3.8 million metric tons.

The Philippine Department of Agriculture (DA) declared a food security emergency related to rice on February 3, 2025, citing an extraordinary increase in prices.

Philippine President Ferdinand Marcos Jr. signed Republic Act (R.A.) No. 12078 on December 9, 2024, which extended the implementation of the Rice Competitiveness Enhancement Fund (RCEF) until 2031.

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.

Kazakh farmers are finishing harvest, having dealt with rains in early September and cold night temperatures in October that reduced overall quality but only marginally affected quantity.

FAS Manila forecasts Marketing Year (MY) 2024/25 rice imports to reach 4.60 million metric tons (MT), given the implementation of Executive Order No. 62, 2024 that reduced rice tariff rates from 35 to 15 percent.

Biblical rain in Kazakhstan’s major growing regions has cut wheat and barley production, reducing its quantity and quality.

Kazakhstan is expected to have a bumper crop following last year’s troubled production. After heavy rains and flooding in May 2024 delayed planting, Kazakhstan’s primary growing regions have had near perfect weather, greatly raising the outlook for the upcoming fall harvest.

Despite record production and ample stocks, the Philippines is forecast to import a record volume of rice. Large imports are spurred in part by high domestic prices and the recent government decision to reduce tariffs from 35 to 15 percent.