In the wake of Typhoon Haiyan, which hit the Philippines on Nov. 8, the U.S. Grains Council reached out to third-party cooperators for an update on the situation. Reports indicate that the typhoon did not cause significant damage to the Filipino agricultural import structures and the Simon Group of Companies, the largest importer of distiller’s dried grains with solubles, are ok. Coconut production has been impacted which may be felt by the feed industry since Filipino feeders use coconut and its by-product copra meal as a feed ingredient.
The Council will continue to update you as more information becomes available.