The COVID-19 pandemic and African Swine Fever continue to dampen feed demand in the Philippines, while recent typhoons were damaging to rice and corn but not enough to offset strong production in the first quarter of MY20/21.
National Ag, lowers MY20/21 wheat imports to 6.8 million MT due to weaker demand for feed wheat and new policies limiting issuance of Sanitary and Phytosanitary (SPS) Import Clearances.
MY20/21 corn imports are raised twenty percent to 600,000 MT due to increased trade through September.
Corn imports are affected by the same new policy as feed wheat, however, and industry has raised concerns of feed availability in 2021.
