Highlights

MY16/17 wheat and corn imports are expected to increase from the previous year's level primarily due to strong feed demand by the domestic livestock and poultry industries. Rice imports during the same period, on the other hand, will likely decline as the Philippine government pursues rice self-sufficiency, and local production increases.

Wheat

2014/2015

2015/2016

2016/2017

Market Begin Year

Jul 2014

Jul 2015

May 2017

USDA

New

USDA

New

USDA

New

Official

Post

Official

Post

Official

Post

Area Harvested

0

0

0

0

0

0

Beginning Stocks

697

697

1128

1128

983

983

Production

0

0

0

0

0

0

MY Imports

5055

5055

4500

4500

4800

4800

TY Imports

5055

5055

4500

4500

4800

4800

TY Imp. From U.S.

2269

2269

0

0

0

0

Total Supply

5752

5752

5628

5628

5783

5783

MY Exports

49

49

45

45

15

15

TY Exports

49

49

45

45

15

15

Feed and Residual

2100

2100

2000

2000

2175

2175

FSI Consumption

2475

2475

2600

2600

2675

2675

Total Consumption

4575

4575

4600

4600

4850

4850

Ending Stocks

1128

1128

983

983

918

918

TotalDistribution

5752

5752

5628

5628

5783

5783

(1000 HA) ,(1000 MT)

Corn

2014/2015

2015/2016

2016/2017

Market Begin

Year

Philippines

Jul 2014

Jul 2015

May 2017

USDA

New

USDA

New

USDA

New

Official

Post

Official

Post

Official

Post

Area Harvested

2561

2561

2560

2560

2600

2600

Beginning Stocks

850

850

682

682

282

282

Production

7671

7671

7500

7500

8000

8000

MY Imports

661

661

800

800

900

900

TY Imports

744

744

800

800

900

900

TY Imp. From U.S.

68

68

0

0

0

0

Total Supply

9182

9182

8982

8982

9182

9182

MY Exports

0

0

0

0

0

0

TY Exports

0

0

0

0

0

0

Feed and Residual

6300

6300

6500

6500

6600

6600

FSI Consumption

2200

2200

2200

2200

2200

2200

Total Consumption

8500

8500

8700

8700

8800

8800

Ending Stocks

682

682

282

282

382

382

Total Distribution

9182

9182

8982

8982

9182

9182

(1000 HA) ,(1000 MT)

Rice, Milled

2014/2015

2015/2016

2016/2017

Market Begin Year

Philippines

Jul 2014

Jul 2015

May 2017

USDA

Official

New

Post

USDA

Official

New

Post

USDA

Official

New

Post

Area Harvested

4705

4705

4615

4615

4750

4750

Beginning Stocks

1695

1695

2210

2210

1960

1960

Milled Production

11915

11915

11350

11350

12000

12000

Rough Production

18913

18913

18016

18016

19048

19048

Milling Rate (.9999)

6300

6300

6300

6300

6300

6300

MY Imports

1800

1800

1600

1600

1500

1500

TY Imports

2000

1800

1500

1500

1500

1500

TY Imp. from U.S.

0

0

0

0

0

0

Total Supply

15410

15410

15160

15160

15460

15460

MY Exports

0

0

0

0

0

0

TY Exports

0

0

0

0

0

0

Consumption and Residual

13200

13200

13200

13200

13300

13300

Ending Stocks

2210

2210

1960

1960

2160

2160

Total Distribution

15410

15410

15160

15160

15460

15460