Philippines: Grain and Feed Update

FAS/Manila raises MY 21/22 rice imports by 100,000 metric tons (MT) to 2.2 million MT based on expected improving economic conditions and an upturn in Sanitary and Phytosanitary Import Clearances in July and August 2021. Corn production in MY 21/22 is lifted by 150,000 MT to 8.15 million MT due to good crop conditions during the first quarter. Wheat imports during the same period are lowered by 300,000 MT to 6.2 million MT, following final MY 20/21 imports that reached 6.1 million MT. Post lowers MY 21/22 feed wheat consumption by 100,000 MT, resulting from the continued challenge of African Swine Fever dampening hog feed demand.