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Philippine rice imports to reach 2.9 million tons

 Last Update: 2022-03-03
 Source: Internet
 Author: User

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According to the "Philippine Star" (Philstar) reported on February 11, a report from the United States Department of Agriculture (USDA) Foreign Agricultural Service (FAS) shows that the Philippines will continue to import rice this year, and the import volume is expected to reach as high as 2.
9 million tons.
The previous forecast of 2.
5 million tons was mainly due to higher imports from Vietnam
.
FAS also raised its Philippine rice production forecast to 12.
4 million tons and consumption forecast to 14.
95 million tons
.
The Free Farmers Federation (FFF) has warned that rice prices could fall during the upcoming dry season harvest
.

USDA Services

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