
The Philippine Statistics Authority reported that the national average farmgate price of dry palay (unmilled rice) rose 33.9% year on year in October to P21.27 per kilogram, up 2.01% from September. Calabarzon, Negros Island Region and Cagayan Valley posted the largest annual gains, while several regions saw month-on-month declines.
Higher paddy prices in the Philippines raise rice costs and signal tighter domestic supply, which supports rice-based feed byproduct values such as rice bran and broken rice demand.
After 92 past bullish report events, Rough Rice moved a median +0.3% over 5 sessions (52% higher; middle half -1.4% to +2.3%), and +2.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.