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Thai export rice prices experienced downward pressure and then slightly recovered after Songkran holidays, reflecting tariff changes and adjustments in the global rice market.

This report details the Philippine government’s certification requirements for food and agricultural products exported from the United States.

This report outlines the Philippine Government’s policies regulating the importation of food and agricultural products.

FAS Manila forecasts marketing year (MY) 2026 raw sugar production to remain flat at 1.85 million metric tons (MT). Ample rainfall during the planting season which started in October supported sugarcane planting among farms with no irrigation.

MY 2025/26 sugar production is expected to further increase 2 percent from MY 2024/25. MY 2024/25 sugar demand by industrial uses is likely to decline significantly due to the Chinese ban on Thai sugar syrup exports.

Sugar production in 2025/26 is projected to reach 6.6 million tons, which is 13.7 percent higher than the 2024/25 estimated production. This increase is based on expectations for improved sugar content and average cane yield.

FAS Manila forecasts soybean meal imports in Marketing Year (MY) 2025/26 to increase by 3.1 percent to 3.35 million metric tons (MMT) compared to the previous MY, due to an increase in local feed demand from the broiler, layer, aquaculture, and pet food industries, along with the forecast gradual rebound of the swine industry.

Wheat production is projected to fall to 27.5 million tons in 2025/26 due to a decrease in cultivated area and extremely dry weather. This shortfall in domestic production is expected to lead to increased imports, forecast at 1.7 million tons.

FAS Bangkok forecasts stability, with modest growth expected in rice and corn production, supported by favorable weather and strong domestic demand.

The Philippine excise tax for alcohol products increased by six percent on January 1, 2025, and will continue to increase at a fixed rate of six percent annually, as stipulated in the law, which does not include a sunset provision.

MY 2025/26 soybean crushing demand to grow at a slower pace of two percent due to slow economic recovery with uncertainties from the U.S. reciprocal tariff measures.

Following the resumption of genetically engineered soybean imports after two years, soybean imports are forecast to rebound to 2 million tons in 2025/26. With a slight increase in domestic production expected, rapeseed imports are forecast to decline.