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- (-) July 2015
- (-) Philippines
- (-) Mexico
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The Philippines’ rapidly expanding production of processed foods and beverages (f&b) presents robust opportunities for U.S. exporters of agricultural raw materials and high value ingredients.
Forecast for marketing year (MY)2015/16 corn, wheat, sorghum, and rice production all hold steady at 23.5 MMT, 3.7 MMT, 7.8 MMT, and 240,000 MT (rough rice production), respectfully.
Total wheat consumption surged in MY 14/15, and is expected to continue growing in MY 15/16 due to the robust economy, growing Philippine population and strong feed demand from the livestock sector.