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Philippine rice demand will increase further

 Last Update: 2021-07-31
 Source: Internet
 Author: User

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According to a report by the Philippine Business Mirror on June 24, the Global Agricultural Information Network (GAIN) report shows that due to the increase in Philippine rice production and increased demand for staple foods , the next market year (July 2021 to June 2022) The demand for rice is expected to increase slightly to 14.
6 million tons, and the output of polished rice will remain flat at 12.
4 million tons
.

The GAIN report pointed out that the hybrid rice program of the Philippine Department of Agriculture targets 15 provinces that have shown high yields, which is 2-3 times the national average.
Currently, about 1.
3 million hectares are planted with hybrid rice, accounting for 27% of the rice planting area.
An increase of 36% year-on-year
.

Based on the current trade situation, GAIN predicts that the Philippines' imports in the next market year will remain at 2.
1 million tons
.

Staple food

　　Based on the current trade situation, GAIN predicts that the Philippines' imports in the next market year will remain at 2.
1 million tons
.

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