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Turkey’s food sector is diverse and growing, despite COVID-19 and recent economic difficulties. COVID-19 prompted a health and wellness trend among many middle-class consumers, who are looking for healthier processed and packaged food products.

FAS Manila forecasts Market Year (MY) 2022/23 milled rice production will reach 12.4 million metric tons (MT), flat with the previous year’s near-record high. The Philippine government’s support programs will help rice farmers partially offset rising input costs.

FAS Manila maintains 2022 pork production at 1 million metric tons (MT), flat compared to 2021, as repopulation efforts in Luzon are offset by new outbreaks of African Swine Fever in Mindanao and the impact of Typhoon Odette (Rai) in the Visayas.

Turkey’s production of chicken meat in 2022 is projected higher, in large part because of anticipated strong export demand from neighboring countries and China.

In the last couple weeks, Turkey has imposed temporary export bans on select agricultural products to stabilize local market conditions and keep prices from running higher.

Fearing rising prices and the perceived threat of sunflower oil shortages, customers have scrambled in recent days to stock up on cooking oils.

On February 15, 2022, the Philippines approved the revised Joint Department Circular No. 1 (JDC), streamlining the regulatory policy governing plant biotechnology. Signed by five Department Secretaries, the document was published in two newspapers on March 8, 2022, and will go into effect 15 days later.

The Philippines has two laws to provide tariff and tax exemptions that support the importation of raw materials and/or inputs for the benefit of local agricultural production.

The Third Edition of the Philippine Department of Agriculture's Avian Influenza Protection Program (AIPP) Manual of Procedure was finalized in 2020.

The Philippine Department of Agriculture (DA) will soon execute a $10 Million fuel subsidy program for farmers and fishers to reduce production costs (PhP500 Million).

Turkey’s production of major oilseeds – sunflowerseeds, cottonseeds, and soybeans – in MY 2022/23 is projected to rebound from the previous year as strong prices are expected to spur increased plantings.