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Post forecasts 2019/20 soybean production to fall by 11 percent to 2.4 million tons based on a reduced planting area and average yields.
On February 14, 2019, President Rodrigo Duterte signed Republic Act (RA) No. 11203, converting quantitative restrictions on rice imports into tariffs.
The Philippines’ rapidly expanding production of processed foods and beverages presents robust opportunities for U.S. exporters of agricultural raw materials and high-value ingredients.