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FAS Manila lowers 2023 pork production to 925,000 MT on the recent arrival and expansion of African Swine Fever within the top remaining production regions of the Philippines while also lowering imports to 500,000 MT based on trade to-date and high carry-over stocks that are not currently reflected in the balance sheet.

In support of climate action, the Philippines calculated its carbon intensity for ethanol made from molasses and sugarcane at 46.8 gCO2e/MJ, and of biodiesel from crude coconut oil and refined coconut oil at 32.8 gCO2e/MJ and 31.5 gCO2e/MJ, respectively.

On July 27, the Philippine Department of Agriculture's National Meat Inspection Service issued Memorandum Circular No. 07-2021-018, reiterating the minimum labeling requirements for imported meat.

On July 21, 2021, the Philippines became the first country in the world to approve Golden Rice for commercial propagation, which aims to reduce malnutrition.

The Philippine Department of Energy recently revised its biofuel accreditation guidelines through the issuance of Department Circular No. 2021-06-0014 in order to better ensure compliance with the country’s Biofuels Act.

On June 18, 2021, the Department of Health issued Administrative Order No. 2021-0039 (AO 2021-0039) “National Policy on the Elimination of Industrially Produced Trans-Fatty Acids for the Prevention and Control of Non-Communicable Diseases.”

In response to market conditions, including recently revised market access for imports, Post has hiked its pork import forecast to 425,000 MT for 2021.

The modernization of the Philippine retail sector continues its acceleration under COVID-19 restrictions, which have greatly shifted consumer buying habits to choose upscale vendors and online solutions.