Grain and Feed Update Manila Philippines 9 14 2017
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY
USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT
POLICY
Required Report - public distribution
Date: 9/15/2017
GAIN Report Number: RP 1714
Philippines
Grain and Feed Update
Philippine Grain and Feed Situation and Outlook
Approved By:
Jeffrey Albanese
Prepared By:
Perfecto Corpuz
Report Highlights:
Post concurs with the official USDA wheat and corn estimates. For rice, MY 16/17 area harvested and
paddy and milled rice production were adjusted upwards consistent with updated estimates from the
Philippine Statistical Authority (PSA). TY 16/17 rice imports were pared down as a result of increased
production and the 2017 Minimum Access Volume (MAV) arrival schedule.
Post:
Manila
Commodities:
Wheat
Corn
Rice, Milled
Author Defined:
Wheat
Market Begin Year
Philippines
Area Harvested
Beginning Stocks
Production
MY Imports
TY Imports
TY Imp. from U.S.
Total Supply
MY Exports
TY Exports
Feed and Residual
FSI Consumption
Total Consumption
Ending Stocks
Total Distribution
Yield
2015/2016
2016/2017
2017/2018
Jul 2015
USDA Official
New Post
Jul 2016
USDA Official
New Post
Jul 2017
USDA Official
New Post
0
1127
0
4918
4918
2340
6045
54
55
2200
2600
4800
1191
6045
0
0
1127
0
4918
4918
2340
6045
54
55
2200
2600
4800
1191
6045
0
0
1191
0
5684
5684
2545
6875
90
90
2450
2875
5325
1460
6875
0
0
1191
0
5684
5684
0
6875
90
90
2450
2875
5325
1460
6875
0
0
1460
0
5650
5650
0
7110
50
50
2450
3100
5550
1510
7110
0
0
1460
0
5650
5650
0
7110
50
50
2450
3100
5550
1510
7110
0
(1000 HA) ,(1000 MT) ,(MT/HA)
Post concurs with the official USDA wheat estimates.
Corn
Market Begin Year
Philippines
Area Harvested
Beginning Stocks
Production
MY Imports
TY Imports
TY Imp. from U.S.
Total Supply
MY Exports
TY Exports
Feed and Residual
FSI Consumption
Total Consumption
Ending Stocks
Total Distribution
Yield
2015/2016
2016/2017
2017/2018
Jul 2015
USDA Official
New Post
Jul 2016
USDA Official
New Post
Jul 2017
USDA Official
New Post
2420
682
6970
727
644
80
8379
0
0
6000
2100
8100
279
8379
2.8802
(1000 HA) ,(1000 MT) ,(MT/HA)
2420
682
6970
727
644
80
8379
0
0
6000
2100
8100
279
8379
2.8802
2680
279
8110
700
700
0
9089
0
0
6400
2200
8600
489
9089
3.0261
2680
279
8110
700
700
0
9089
0
0
6400
2200
8600
489
9089
3.0261
2700
489
8300
400
400
0
9189
0
0
6600
2200
8800
389
9189
3.0741
2700
489
8300
400
400
0
9189
0
0
6600
2200
8800
389
9189
3.0741
Post concurs with the official USDA corn estimates.
Rice, Milled
Market Begin Year
Philippines
2015/2016
2016/2017
2017/2018
Jul 2015
USDA Official
New Post
Jul 2016
USDA Official
New Post
Jul 2017
USDA Official
New Post
Area Harvested
Beginning Stocks
Milled Production
Rough Production
Milling Rate (.9999)
MY Imports
TY Imports
TY Imp. from U.S.
Total Supply
MY Exports
TY Exports
Consumption and Residual
Ending Stocks
Total Distribution
Yield (Rough)
4523
2210
11000
17460
6300
1600
800
0
14810
0
0
13000
1810
14810
3.8603
4523
2210
11000
17460
6300
1600
800
0
14810
0
0
13000
1810
14810
3.8603
4600
1810
11500
18254
6300
1000
1600
0
14310
0
0
12900
1410
14310
3.9683
4705
1810
11670
18524
6300
1000
1000
0
14480
0
0
12900
1580
14480
3.9371
4500
1410
11200
17778
6300
1800
1800
0
14410
0
0
12900
1510
14410
3.9507
4500
1580
11200
17778
6300
1800
1800
0
14580
0
0
12900
1680
14580
3.9507
(1000 HA) ,(1000 MT) ,(MT/HA)
Based on the latest data from the PSA, area harvested and production estimates in MY 16/17 were
raised due to favorable growing conditions in major rice areas.
On July 25, 2017, the National Food Authority (NFA) tendered for 250,000 tons of milled rice for
arrival during the August-September 2017 period.
On August 4, 2017, the NFA issued the attached Memorandum Circular AO-2017-08-002 which
provided general guidelines which will govern the 805,000 tons of rice imports under the 2017 MAV.
The arrival of 2017 MAV imports will be from December 20, 2017 until February 28, 2018, and from
June 1, 2018, until August 31, 2018. The scheduled arrival was meant to avoid the main rice harvest
(i.e., October-December) so as not to depress local paddy prices. Hence, bulk of the 2017 MAV is
expected to arrive outside TY 16/17.
Rice imports in TY 16/17 were pared down considerably as a result of the better-than-expected
production as well as the 2017 MAV arrival schedule.
USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT
POLICY
Required Report - public distribution
Date: 9/15/2017
GAIN Report Number: RP 1714
Philippines
Grain and Feed Update
Philippine Grain and Feed Situation and Outlook
Approved By:
Jeffrey Albanese
Prepared By:
Perfecto Corpuz
Report Highlights:
Post concurs with the official USDA wheat and corn estimates. For rice, MY 16/17 area harvested and
paddy and milled rice production were adjusted upwards consistent with updated estimates from the
Philippine Statistical Authority (PSA). TY 16/17 rice imports were pared down as a result of increased
production and the 2017 Minimum Access Volume (MAV) arrival schedule.
Post:
Manila
Commodities:
Wheat
Corn
Rice, Milled
Author Defined:
Wheat
Market Begin Year
Philippines
Area Harvested
Beginning Stocks
Production
MY Imports
TY Imports
TY Imp. from U.S.
Total Supply
MY Exports
TY Exports
Feed and Residual
FSI Consumption
Total Consumption
Ending Stocks
Total Distribution
Yield
2015/2016
2016/2017
2017/2018
Jul 2015
USDA Official
New Post
Jul 2016
USDA Official
New Post
Jul 2017
USDA Official
New Post
0
1127
0
4918
4918
2340
6045
54
55
2200
2600
4800
1191
6045
0
0
1127
0
4918
4918
2340
6045
54
55
2200
2600
4800
1191
6045
0
0
1191
0
5684
5684
2545
6875
90
90
2450
2875
5325
1460
6875
0
0
1191
0
5684
5684
0
6875
90
90
2450
2875
5325
1460
6875
0
0
1460
0
5650
5650
0
7110
50
50
2450
3100
5550
1510
7110
0
0
1460
0
5650
5650
0
7110
50
50
2450
3100
5550
1510
7110
0
(1000 HA) ,(1000 MT) ,(MT/HA)
Post concurs with the official USDA wheat estimates.
Corn
Market Begin Year
Philippines
Area Harvested
Beginning Stocks
Production
MY Imports
TY Imports
TY Imp. from U.S.
Total Supply
MY Exports
TY Exports
Feed and Residual
FSI Consumption
Total Consumption
Ending Stocks
Total Distribution
Yield
2015/2016
2016/2017
2017/2018
Jul 2015
USDA Official
New Post
Jul 2016
USDA Official
New Post
Jul 2017
USDA Official
New Post
2420
682
6970
727
644
80
8379
0
0
6000
2100
8100
279
8379
2.8802
(1000 HA) ,(1000 MT) ,(MT/HA)
2420
682
6970
727
644
80
8379
0
0
6000
2100
8100
279
8379
2.8802
2680
279
8110
700
700
0
9089
0
0
6400
2200
8600
489
9089
3.0261
2680
279
8110
700
700
0
9089
0
0
6400
2200
8600
489
9089
3.0261
2700
489
8300
400
400
0
9189
0
0
6600
2200
8800
389
9189
3.0741
2700
489
8300
400
400
0
9189
0
0
6600
2200
8800
389
9189
3.0741
Post concurs with the official USDA corn estimates.
Rice, Milled
Market Begin Year
Philippines
2015/2016
2016/2017
2017/2018
Jul 2015
USDA Official
New Post
Jul 2016
USDA Official
New Post
Jul 2017
USDA Official
New Post
Area Harvested
Beginning Stocks
Milled Production
Rough Production
Milling Rate (.9999)
MY Imports
TY Imports
TY Imp. from U.S.
Total Supply
MY Exports
TY Exports
Consumption and Residual
Ending Stocks
Total Distribution
Yield (Rough)
4523
2210
11000
17460
6300
1600
800
0
14810
0
0
13000
1810
14810
3.8603
4523
2210
11000
17460
6300
1600
800
0
14810
0
0
13000
1810
14810
3.8603
4600
1810
11500
18254
6300
1000
1600
0
14310
0
0
12900
1410
14310
3.9683
4705
1810
11670
18524
6300
1000
1000
0
14480
0
0
12900
1580
14480
3.9371
4500
1410
11200
17778
6300
1800
1800
0
14410
0
0
12900
1510
14410
3.9507
4500
1580
11200
17778
6300
1800
1800
0
14580
0
0
12900
1680
14580
3.9507
(1000 HA) ,(1000 MT) ,(MT/HA)
Based on the latest data from the PSA, area harvested and production estimates in MY 16/17 were
raised due to favorable growing conditions in major rice areas.
On July 25, 2017, the National Food Authority (NFA) tendered for 250,000 tons of milled rice for
arrival during the August-September 2017 period.
On August 4, 2017, the NFA issued the attached Memorandum Circular AO-2017-08-002 which
provided general guidelines which will govern the 805,000 tons of rice imports under the 2017 MAV.
The arrival of 2017 MAV imports will be from December 20, 2017 until February 28, 2018, and from
June 1, 2018, until August 31, 2018. The scheduled arrival was meant to avoid the main rice harvest
(i.e., October-December) so as not to depress local paddy prices. Hence, bulk of the 2017 MAV is
expected to arrive outside TY 16/17.
Rice imports in TY 16/17 were pared down considerably as a result of the better-than-expected
production as well as the 2017 MAV arrival schedule.