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Production of all three types of citrus in MY 2014/2015 is estimated to rebound, as a result of good weather conditions and the recuperation of plants that had been previously affected by frosts.
The U.S. has long been the leading supplier of wines to the Philippines and, since 2009, the Philippines has been the largest U.S. wine market in Southeast Asia in terms of volume.
Food retail continues to grow, as retail chains spread across the country. This expansion is being driven by continued strong economic growth, which has led to a boom in consumer spending.
The Philippines is the largest export market in Southeast Asia and the 9th largest in the world for U.S. dog and cat food..
Post forecast Argentina’s milk production for calendar year (CY) 2015 at 11.7 million tons, a three percent decrease from CY2014 USDA’s estimates.
Combined efforts by the Foreign Agricultural Service office in Manila, the USA Dry Pea and Lentil Council, and the North Dakota Trade Office have helped to build a new market for dried legumes.
Robust soybean planting in Cordoba province and smooth planting in the rest of the country are trending national production area towards the 2014/15 soybean forecast of 21 million hectares.
U.S. agricultural exports to Southeast Asia have experienced extremely rapid growth in recent years and, in FY 2014, they climbed to a record $11.5 billion – up 11 percent from FY 2013.
Post forecasts production at above normal levels as production rebounds following 2014 series of bad weather and to the natural lifecycle of plants.
FAS Manila worked with Veritas Quo (VQ), a California-based exporter representing popular wine brands to connect with several importers.
Wheat production for 2014-15 is forecast at 12.5 million tons, 500,000 tons higher than USDA.
FAS Manila worked with Blue Diamond Growers (BDG) of California to connect with a new importer and build a bigger market for U.S. almonds in the Philippines.