Philippine Typhoon Damage Cuts Corn Output 14%, Tightening Asian Feed Grain Supply
A series of typhoons in the Philippines has reduced July–September 2026 corn production by an estimated 14.4%, tightening regional feed grain availability and pushing up input cost risk for Southeast Asian feed manufacturers. CBOT December 2026 corn futures are trading around 529 USc/bu, while buyers consider alternative grains including millet.
Typhoon damage across the Philippines has cut the country's July–September 2026 corn output projection to 2.08 million tonnes, a 14.4% decline from the prior year, tightening Asian feed grain supply and adding upward pressure to raw-material costs for regional feed manufacturers, according to CMB News (September 24, 2026).
The Philippines now projects harvested corn area at 688,030 hectares for the quarter, down 12.8% year-on-year, with average yields also falling by 1.6% to 3.02 tonnes per hectare, CMB News reported. The revised output figure is also 1.5% below the July forecast of 2.11 million tonnes. As of late September, approximately 129,950 hectares — representing 18.9% of projected area — had been harvested, producing around 366,790 tonnes.
CMB News attributed the losses to a sequence of typhoons over the past two months that intensified the southwest monsoon and damaged standing crops. Agricultural losses from the weather events were estimated at approximately $69.23 million, according to the report. Philippine authorities have activated insurance payouts and support programmes to assist affected farmers, though CMB News noted these measures "primarily cushion incomes rather than immediately restoring lost production."
The production shortfall adds to earlier Philippine assessments that had already flagged weather-related downside risks to 2025/26 and 2026/27 corn output. CMB News said the tighter domestic balance is "likely to raise import requirements or force deeper rationing in the feed sector."
On global futures markets, CBOT December 2026 corn was reported trading around 529 USc/bu, described by CMB News as "broadly flat on the day but modestly higher versus early September, consistent with a gradual firming trend amid weather-related risks and steady demand." CMB News characterised the Philippine losses as "a marginal bullish factor for Asian feed grain differentials rather than a global supply shock," noting that major exporters face no single dominant weather threat at this stage.
European and Black Sea physical corn prices showed a mixed but slightly firmer picture, according to CMB News price data. Ukrainian feed corn (yellow, 14.5% max moisture, FCA Odesa) was quoted at €0.17/kg on September 24, down from €0.18/kg previously. German feed corn (14% max moisture, EXW Drentwede) edged up to €0.30/kg from €0.295/kg as of September 22.
For the feed manufacturing sector, CMB News said the Philippine corn downgrade "tightens regional feed grain availability just as livestock and poultry producers face higher input costs," and strengthens the case for alternative ingredients such as millet and other small grains. However, the report cautioned that substitution is constrained by logistics, formulation requirements and quality standards, meaning feed manufacturers "remain exposed to higher raw-material costs if global prices continue to firm or if further weather disruptions emerge across Asia."
The typhoon season has not yet concluded, and CMB News warned that additional storms tracking through key producing regions in Luzon and Mindanao could further reduce late-planted corn and delay harvesting operations.
Prepared with AI assistance and reviewed by the editorial team.
