Philippines: Grain and Feed Update

FAS Manila estimates rice production in Marketing Year 2025/26 to decline due to typhoon-related losses and challenging post-harvest conditions in the fourth quarter of 2025, though government support and subsidies continue to encourage planting. Rice consumption remains strong, but imports and ending stocks are forecast to decrease following the extended rice import ban. Post estimates corn production to decline, primarily from typhoon impacts in key regions, while consumption rises on expanding demand from the broiler, layer, pet food, and recovering swine industries. Corn ending stocks are expected to tighten as robust demand and lower import prices reduce stockholding incentives. Wheat consumption is forecast to increase, with higher demand for both milling and feed wheat, resulting in increased wheat imports.