# Cebu offers much opportunities for US agri exporters, says USDA report - PortCalls Asia

> A USDA-FAS report identifies Cebu in the Philippines as a growing market for US agricultural exports. It cites 7% growth in shipments to 66.3 million metric tons from 2021 to 2022 and opportunities in feed manufacturing, with soybean meal named as a top product.

- Date: 2024-02-01 · published 2024-02-01T12:00:00.000Z
- Category: report · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/31786-cebu-offers-much-opportunities-for-us-agri-exporters-says-usda-report-portcalls
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expanding feed-sector demand in the Philippines could support US soybean meal exports, though the effect on prices is small.

## Read by commodity

- SBM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-02-12 | [Aquaculture: A Growing Opportunity for U.S. Soy - U.S. Soybean Export Council](https://feedsoft.ai/events/66575-aquaculture-a-growing-opportunity-for-u-s-soy-u-s-soybean-export-council.md) | +8.6% | +7.6% |
| SBM | 2023-12-04 | [Export Sales to China, Mexico, and Philippines \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14790-export-sales-to-china-mexico-and-philippines-usda-foreign-agricultural-service.md) | -1.3% | -7.5% |
| SBM | 2019-07-11 | [USDA reports offer mixed view](https://feedsoft.ai/events/58044-usda-reports-offer-mixed-view.md) | -0.5% | -5.2% |
| SBM | 2026-04-09 | [USDA raises price estimates for several commodities \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/19801-usda-raises-price-estimates-for-several-commodities-agri-pulse-communications.md) | +5.8% | +2.5% |
| SBM | 2026-02-23 | [USDA report addresses China’s what ifs – AgriNews](https://feedsoft.ai/events/14604-usda-report-addresses-china-s-what-ifs-agrinews.md) | +3.4% | +6.9% |

## Sources

- portcalls.com: https://portcalls.com/cebu-offers-much-opportunities-for-us-agri-exporters-says-usda-report/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.