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Post increases the MY 21/22 estimate for milled rice production to 12.5 million MT on positive first-quarter production data while holding imports unchanged.
FAS Manila raises 2022 pork production by 25,000 MT to 1.025 million MT, as some commercial hog raisers report herd rebuilding efforts. Significant repopulation remains constrained, however, by continued African Swine Fever (ASF) cases and the lack of a vaccine.
Post sees Philippine biofuels consumption partially recovering in 2021 due to the loosening of quarantine restrictions, as ethanol demand grows 9 percent to 570 million liters and biodiesel increases 9 percent to 175 million liters.
The Philippines is the ninth largest market for U.S. agricultural exports and the largest destination for U.S. consumer-oriented products in Southeast Asia. The United States is the largest single-country supplier of agricultural products, although ASEAN countries benefit from lower tariffs and have more market share as a group.
Since the start of COVID-19, Philippine consumers have incorporated more fresh fruit into their diet. Global exports of fresh fruits to the Philippines increased 36 percent to $695 million in 2020 and are forecast to grow five percent in 2021.
In 2009, Serbia adopted the current “Law on Genetically Engineered Organisms (GEOs),” which strictly prohibits importing, producing, or commercial growing genetically engineered crops. After more than ten years, Serbia still has not implemented changes to this “Law on GEOs” that conforms to European Union (EU) regulations or the World Trade Organization (WTO) Sanitary and Phytosanitary (SPS) agreement.
The Philippine Bureau of Internal Revenue (BIR) on November 10, 2021 issued Revenue Memorandum Circular No. 112-2021, clarifying that all imported unprocessed fruits and vegetables are exempt from the 12 percent value-added tax.
Very high temperatures starting in May and low precipitation did not have a negative effect on wheat and barley production in Serbia, while corn yield will be reduced by at least 20 percent.
FY2021 agricultural exports reach record levels.
The Philippines is a regional biotechnology leader, highlighted by its passage in 2021 of Golden Rice for commercial propagation and Bt eggplant for direct use.
On November 4, 2021, the Philippine Department of Agriculture's Bureau of Animal Industry (BAI) and National Meat Inspection Service (NMIS) issued Joint BAI-NMIS Memorandum Circular No. 3.
The Philippines' declining production of lumber and other wood products cannot meet the country’s growing demand for residential, commercial, and public construction projects.