Philippines: Grain and Feed Update
The COVID-19 pandemic and African Swine Fever continue to dampen feed demand in the Philippines.
The COVID-19 pandemic and African Swine Fever continue to dampen feed demand in the Philippines.
For the ongoing marketing year, a lower demand for compound feed is expected, as reflected in a lower demand for cereals and oilseed meals.
U.S. exports of feed grains in all forms (GIAF) end marketing year at nearly 101 million metric tons.
Export tariffs for soybeans will be reduced from the current 33% to 30%.
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Sign upAlready a member?The latest short-term outlook report for EU agricultural markets, by the European Commission, presents trends and prospects for cereals, oilseeds, and pigmeat.
The Commission authorised a Genetically Modified Organisms (GMO) for food and feed uses (soybean MON 87708 x MON 89788 x A5547-127).
So far this year, more than 63 million tons of grain have been harvested.
Earth Map empowers FAO’s Hand-in-Hand geospatial platform and allows anyone with basic Internet access to tap critical climate, environmental and agricultural information.
Following a reduced forecast of the 2020/21 maize harvest that led to an increase of US maize prices, the import duty for maize, sorghum and rye in the European Union is now set at €0 per tonne as of 27 August 2020.
The industrial production of compound feed totaled 26,278,430 t in 2019, representing a 3.8% increase from 2018, and making Spain the leading producer of animal feed in Europe.
The industrial compound feed production for farmed animals in the EU-28 for 2019 is estimated at 163,3 mio. t, i.e. 0.9% lower than in 2018, according to data provided by FEFAC members.
More than half of the volume put up for auction on the first day (200 thousand tons) was sold.
Given that Colombian production is insufficient, the suspension of tariffs will increase supply capacity for feed production.
Facing the current economic conditions in the Russian Federation and other EAEU countries, the Ministry sets measures aimed at keeping the food market stability to meet the domestic demand for grain and its processed products.