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The Philippine food retail sector has grown 25 percent over the past five years, reaching approximately $50 billion in 2019.
After surging in MY2018/19, Philippine grain imports (wheat, corn and rice) will decline in MY2019/20 as the country returns to more normal weather conditions following last year’s El Niño....
Total raw sugar production in MY 2019/20 (December/November) will reach 2.1 million metric tons (MMT), unchanged from the previous year, with cane production expected to be about 22 MMT.