# Agricultural output may have contracted in 2024 - BusinessWorld Online

> Philippine farm output likely contracted in 2024 after El Niño and La Niña brought drought, below-normal rainfall and later typhoon flooding. Analysts estimate the value of agricultural output fell by more than 1%, reversing 0.4% growth in 2023 and missing the Department of Agriculture's 1-2% target. Delayed input distribution and weak local technical support may also have contributed.

- Date: 2025-01-26 · published 2025-01-26T12:00:00.000Z
- Category: weather · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/16029-agricultural-output-may-have-contracted-in-2024-businessworld-online
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower domestic rice and crop output raises Philippine import needs and supports regional rice prices. The effect on global feed grain markets is small.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-10-19 | [El Nino to continue into mid-2024, threatening agriculture](https://feedsoft.ai/events/33549-el-nino-to-continue-into-mid-2024-threatening-agriculture.md) | +1.6% | +6.8% |
| RICE | 2019-04-26 | [El Niño crop damage climbs to P7.96 billion - BusinessWorld Online](https://feedsoft.ai/events/59514-el-nino-crop-damage-climbs-to-p7-96-billion-businessworld-online.md) | +2.5% | +13.7% |
| RICE | 2023-05-05 | [‘Developing’ El Nino may hit India’s maize, soya and rice output, says FAO   - The HinduBusinessLine](https://feedsoft.ai/events/35870-developing-el-nino-may-hit-india-s-maize-soya-and-rice-output-says-fao-the.md) | +1.8% | -0.5% |
| RICE | 2026-06-16 | [Crop Monitor Special Report: El Niño 2026-2027: Anticipated Climate and Agricultural Yield Impacts, June 16, 2026 - World \| ReliefWeb](https://feedsoft.ai/events/18724-crop-monitor-special-report-el-nino-2026-2027-anticipated-climate-and.md) | +9.2% | +18.0% |
| RICE | 2026-06-02 | [India cuts foodgrains output target amid below normal monsoon forecast - The HinduBusinessLine](https://feedsoft.ai/events/18741-india-cuts-foodgrains-output-target-amid-below-normal-monsoon-forecast-the.md) | -0.2% | +2.6% |

## Sources

- bworldonline.com: https://bworldonline.com/top-stories/2025/01/27/649060/agricultural-output-may-have-contracted-in-2024/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.