July 23, 2013

 

Philippine animal feed manufacturers import less corn than feed wheat

 

 

As local animal feed manufacturers will augment their supply with feed wheat imports, the Philippines' purchase of imported corn will not be significant this year and in 2014, a report prepared by the USDA said.

 

In the Global Agricultural Information Network (GAIN) report, the USDA Foreign Agricultural Service in Manila noted that local feed manufacturers will make "considerable" feed wheat imports, estimated at roughly a million tonnes.

 

"Corn imports for feed are almost insignificant and are augmented by considerable feed wheat imports," the GAIN report read.

 

For market year beginning July 2013, the report estimated that the Philippines will import 75,000 tonnes of corn from various sources. For the previous market year that ended June 2013, the GAIN report estimated that the country's imports reached 100,000 tonnes.

 

The USDA, however, said the Philippines did not import corn from the US during the previous market year. The country is again not expected to source corn from the US for this year.

 

Yellow corn is a major ingredient used for manufacturing animal feeds in the Philippines.

 

For January to June 2013, the Bureau of Agricultural Statistics (BAS) projected that corn production will decline by 4% to 3.33 million tonnes.

 

The report, however, said corn output gains and area harvest in July to December 2012 were more than enough to compensate for the slight predicted production decline in the first six months of 2013.

 

As for the country's milled rice imports, the GAIN report said its projection for the current market year pegged at 1.2 million tonnes is unchanged. The report noted that the estimated rice import volume for the market year, which ended in April, included "undocumented imports" estimated at 400,000 to 600,000 tonnes.

 

For the first six months of the year, the BAS said unmilled rice production may reach 7.88 million, 0.2% lower than the 7.89 million tonnes produced last year. The BAS said harvest area may expand to 2.04 million hectares from last year's record of 2.03 million hectares. However, yield may decrease by 0.7% to 3.85 tonnes per hectare this year from 3.88 tonnes per hectare in 2012.