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- (-) September 2020
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While the Philippine food service sector was set to grow eight-plus percent in 2020 to $16 billion, COVID-19 related measures have reduced prospects to less than $7 billion.
It is an ‘on-year’ for pistachios for Turkey; consequently a high amount of production is anticipated for Marketing Year (MY) 2020/21.
The dual crises of the COVID-19 pandemic and African Swine Fever have impacted the Philippine hog and chicken sectors, traditionally the strongest performers in the agricultural economy.
Post expects a larger drop in pork production of 20 percent in 2020 as African Swine Fever remains a major concern in Luzon and parts of Mindanao.
The Turkish cotton crop for MY 2020/21 is now estimated at 350,000 hectares and 615,000 MT (2.825 million bales). Low yields, unattractive cotton prices, inflated costs...
Despite the rapidly growing demand for chicken meat in Turkey, in 2021, chicken meat production is expected to increase only 5 percent compared to 2020, less than industry expectations.