THE Philippines has cut its grains production forecast for this year due to the adverse effects of the El Niño weather conditions and damage from typhoons.

In a report, the Philippine Statistics Authority (PSA) said palay production could settle at 18.30 million metric tons (MT) this year, down by 3.54 percent compared to 18.97 million MT in 2014 as harvest area and yield dropped by 1.58 percent and 1.99 percent, respectively.

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