Prices are expected to edge down further into 2026, constrained by trade uncertainty and modest global consumption growth.
The Land Bank of the Philippines is extending a US$21.3 million loan to fund the mill’s construction, along with a US$1.77 million credit line for working capital support.
This marks a significant policy shift, driven by rising inflation and growing openness among Japanese consumers to foreign rice.
The two-day event served as a strategic platform for grain producers, traders, processors, and policymakers to exchange insights and updates on wheat, corn, barley, rapeseed, and sunflower markets.
The development comes amid a resurgence in trade tensions between the two largest economies, sparking fresh concerns among U.S. agricultural exporters.