Philippines wheat demand remains strong

게시됨 2025년 7월 17일

Tridge 요약

The Philippines is forecast to maintain its position as one of the world’s major wheat importers in the marketing year to June 2026, although there is expected to be a small change to the domestic demand profile due to a plateauing of stockfeed consumption against stronger milling wheat demand. While The Philippines produces significant quantities

원본 콘텐츠

of corn and rice, the country is entirely dependent on wheat imports to meet the nation’s human consumption and animal feed requirements, as the local climate is not conducive to its cultivation. According to the July global supply-and-demand update from the US Department of Agriculture, wheat imports in 2025-26 are expected to be 7.2 million tonnes (Mt), making it the world’s fifth-biggest international wheat buyer. This is 5.9 percent higher than the 6.8Mt imported in 2024-25 and 4.1pc above the official 2023-24 figure of 6.92Mt, when the South-east Asian archipelago took sixth and seventh places on the global trade table, respectively. The US is expected to remain the country’s key supplier of milling wheat, while Australia holds the gong as the nation’s primary supplier of feed wheat. Despite being a major exporter of milling wheat into many Asian destinations, the perception persists among Philippine millers that Australia is primarily a feed of wheat origin. Based on trade ...

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