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The Philippines may import less US soybean meal in the 2024-25 market year, with shipments down about 9% year on year. Weak swine demand from African swine fever is offset partly by stronger poultry and dairy feed demand.
The US still holds about 80% of Philippine share after rising from 75%.
Lower Philippine demand for US meal is a small bearish factor for US meal export volumes, though poultry and dairy growth limits the impact.
philstar.comJasper Emmanuel ArcalasMar 22, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
