Philippines: Grain and Feed Annual

FAS Manila forecasts an increase in milled rice production in Marketing Year (MY) 2025/26 compared to the previous MY, due to favorable weather conditions and an increase in government funding for the rice industry. FAS Manila forecasts rice imports to decline in MY 2025/26 compared to the previous MY, given a rebound in local production in MY 2025/26, higher stock carryover from MY 2024/25, and the imposition of the maximum suggested retail price on imported premium rice. FAS Manila forecasts corn production to increase in MY 2025/26 compared to the previous MY, due to favorable weather conditions. FAS Manila forecasts that the increase in local corn production will not keep pace with food and feed demand, resulting in a forecast increase in corn imports in MY 2025/26. FAS Manila forecasts wheat imports to grow in MY 2025/26 compared to the previous MY, due to increased demand for milling wheat, while feed wheat imports are expected to remain flat due to an increase in price competitiveness of feed corn.