Philippine Grain and Feed Situation and Outlook / News / AgroChart

Highlights

Post concurs with the official USDA wheat and corn estimates. For rice, production and area harvested in MY 16/17 were adjusted upwards based on the latest Philippine government data. On May 18, 2017 Executive Order 20 (EO 20) was published and confirmed out-of-quota rice tariffs at the current rate of 50 percent through 2020. On May 24, 2017 Executive Order 23 (EO 23) was published extending in-quota rice tariffs at 35 percent from July 1, 2017 through Dec. 31, 2020, or until an amendment to the Agricultural Tariffication Act is enacted.

Wheat

Wheat	2015/2016		2016/2017		2017/2018
Market Begin Year	Jul 2015		Jul 2016		Jul 2016
Philippines	USDA Official	New Post	USDA Official	New Post	USDA Official	New Post
Area Harvested	0	0	0	0	0	0
Beginning Stocks	1128	1128	1124	1124	1309	1309
Production	0	0	0	0	0	0
MY Imports	4850	4850	5500	5500	5650	5650
TY Imports	4850	4850	5500	5500	5650	5650
TY Imp. from U.S.	2274	2274	0	0	0	0
Total Supply	5978	5978	6624	6624	6959	6959
MY Exports	54	54	90	90	50	50
TY Exports	55	55	90	90	50	50
Feed and Residual	2200	2200	2350	2350	2450	2450
FSI Consumption	2600	2600	2875	2875	3000	3000
Total Consumption	4800	4800	5225	5225	5450	5450
Ending Stocks	1124	1124	1309	1309	1459	1459
Total Distribution	5978	5978	6624	6624	6959	6959

Corn

Corn	2015/2016		2016/2017		2017/2018
Market Begin Year	Jul 2015		Jul 2016		Jul 2016
Philippines	USDA Official	New Post	USDA Official	New Post	USDA Official	New Post
Area Harvested	2420	2420	2680	2680	2700	2700
Beginning Stocks	682	682	279	279	489	489
Production	6970	6970	8110	8110	8300	8300
MY Imports	727	727	700	700	400	400
TY Imports	644	644	700	700	400	400
TY Imp. from U.S.	80	80	0	0	0	0
Total Supply	8379	8379	9089	9089	9189	9189
MY Exports	0	0	0	0	0	0
TY Exports	0	0	0	0	0	0
Feed and Residual	6000	6000	6400	6400	6600	6600
FSI Consumption	2100	2100	2200	2200	2200	2200
Total Consumption	8100	8100	8600	8600	8800	8800
Ending Stocks	279	279	489	489	389	389
Total Distribution	8379	8379	9089	9089	9189	9189

Rice, Milled

Rice, Milled	2015/2016		2016/2017		2017/2018
Market Begin Year	Jul 2015		Jul 2016		Jul 2016
Philippines	USDA Official	New Post	USDA Official	New Post	USDA Official	New Post
Area Harvested	4523	4523	4600	4705	4500	4500
Beginning Stocks	2210	2210	1810	1810	1410	1580
Milled Production	11000	11000	11500	11670	11200	11200
Rough Production	17460	17460	18254	18524	17778	17778
Milling Rate (.9999)	6300	6300	6300	6300	6300	6300
MY Imports	1600	1600	1000	1000	1800	1800
TY Imports	800	800	1400	1400	1800	1800
TY Imp. from U.S.	0	0	0	0	0	0
Total Supply	14810	14810	14310	14480	14410	14580
MY Exports	0	0	0	0	0	0
TY Exports	0	0	0	0	0	0
Consumption and Residual	13000	13000	12900	12900	12900	12900
Ending Stocks	1810	1810	1410	1580	1510	1680
Total Distribution	14810	14810	14310	14480	14410	14580

Philippine Grain and Feed Situation and Outlook June 15, 2017