The board noted that while the flour business continues to play a significant role within the group, the timing is appropriate to assess whether alternative structures could unlock greater value.
total wheat imports are forecast to rise to 7.4 million metric tons (MMT) in MY 2025/26, up from 6.35 MMT in the previous marketing year.
The restriction, introduced on September 1 for a period of 60 days, was aimed at supporting farmers facing falling paddy rice prices during the harvest season.
In his directive, Marcos said the move was necessary to allow the domestic market to absorb local production.
With production now fully operational, the plant is expected to increase the company’s ability to deliver customized, safe, and sustainable nutrition solutions at scale