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National & World Ag News Headlines |
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Philippines Buying Less Feed Because of African Swine Fever
USAgNet - 10/22/2019
The Philippines' total grain imports, including wheat and corn, are expected to decline in the next market year, with African swine fever dampening the demand for livestock feed.
The U.S. Department of Agriculture-Foreign Agricultural Service said in its latest Global Agricultural Information Network that after surging in Market Year 2018 to 19, Philippine grain imports -- composed mainly of wheat, corn and rice -- will decline in MY
2019 to 2020.
This, as the country returns to more normal weather conditions following last year's El Nino, with higher local rice production and adequate inventories, and with ASF resulting to a 10 percent reduction in hog feed demand.
The GAIN report shows that because of ASF, a fatal animal disease among hogs, the Philippines' feed wheat imports will fall by 500,000 tons in the current market year.
Corn imports, on the other hand, were forecast to decline nearly 7 percent to 700,000 tons due to improved production and sufficient stocks.
Wheat and corn are the primary ingredients to making animal feeds, and with ASF threatening to kill more pigs in the Philippines, less feed demand is seen from the Southeast Asian nation.
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