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Implemented in January 2018, a Philippine tax reform program that cuts personal income taxes should increase disposable incomes and raise food and feed consumption in MY18/19 onwards.
Post concurs with the official USDA estimates for wheat. Market Year (MY) 16/17 corn production and area harvested were marginally increased consistent with July-September 2017 estimates....
The U.S. continues to be the Philippines’ largest supplier of agricultural products, and the Philippines is its 11th largest global market.
Post concurs with the official USDA wheat and corn estimates. For rice, MY 16/17 area harvested and paddy and milled rice production were adjusted upwards consistent with updated estimates....
Post concurs with the official USDA wheat and corn estimates. For rice, production and area harvested in MY 16/17 were adjusted upwards based on the latest Philippine government data.
Wheat imports are forecast to rise 650,000 tons to 5.5 million tons in market year (MY) 16/17 and increase to 5.65 million tons in MY 17/18 due to an expanding population, economic growth ....
Post concurs with the USDA Official wheat estimates. Typhoon Koppu passed through the Philippines in October 2015 resulting in flooding of grain areas in Luzon.
The U.S. continues to be the Philippines’ number one supplier of agricultural products, and the Philippines is its 10th largest global market.
Post concurs with the official USDA estimates for wheat and rice. For corn, production was pared down slightly from 8.0 million tons to 7.9 million tons in MY 2016/17.
Post concurs with the official USDA estimates for wheat, corn and rice. MY16/17 wheat and corn imports are expected to increase from the previous year’s level...
Wheat imports are forecast to decline to 4.3 million tons in market year (MY) 15/16 (down 16 percent from the previous year) due to ample stocks...
Post concurs with the USDA Official wheat estimates. Typhoon Koppu passed through the Philippines in October 2015 resulting in flooding of grain areas in Luzon.