Highlights

For corn, production was pared down slightly from 8.0 million tons to 7.9 million tons in MY 2016/17. Some corn growing areas were negatively impacted by the lingering effects of El Niño weather patterns, which continued into 2016 and brought about unusually dry conditions.

General Information

Wheat

2014/2015

2015/2016

2016/2017

Market Begin Year

Jul 2014

Jul 2015

May 2017

Philippines

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Area Harvested

0

0

0

0

0

0

Beginning Stocks

697

697

1128

1128

1123

1123

Production

0

0

0

0

0

0

MY Imports

5055

5055

4850

4850

5000

5000

TY Imports

5055

5055

4850

4850

5000

5000

TY Imp. from U.S.

2269

2269

2274

2274

0

0

Total Supply

5752

5752

5978

5978

6123

6123

MY Exports

49

49

55

55

15

15

TY Exports

49

49

55

55

15

15

Feed and Residual

2100

2100

2200

2200

2300

2300

FSI Consumption

2475

2475

2600

2600

2675

2675

Total Consumption

4575

4575

4800

4800

4975

4975

Ending Stocks

1128

1128

1123

1123

1133

1133

Total Distribution

5752

5752

5978

5978

6123

6123

Corn

2014/2015

2015/2016

2016/2017

Market Begin Year

Jul 2014

Jul 2015

May 2017

Philippines

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Area Harvested

2561

2561

2560

2560

2600

2600

Beginning Stocks

850

850

682

682

282

282

Production

7671

7671

7500

7500

8000

7900

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

9082

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

282

Total Distribution

9182

9182

8982

8982

9182

9082

Corn production was pared down modestly from 8.0 million tons to 7.9 million tons in MY 2016/17 to reflect weaker yields in some corn growing areas during the July-September 2016 period. According to industry contacts, output was negatively impacted by the lingering effects of El Niño weather patterns, which continued into 2016 and brought about unusually dry conditions.

Rice, Milled

2014/2015

2015/2016

2016/2017

Market Begin Year

Jul 2014

Jul 2015

May 2017

Philippines

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

2000

1500

1500

1500

1500

TY Import From US

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