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The Philippines Department of Agriculture reports farm gate chicken prices rose as much as 35%, from P104 to P140 per kilo, due to El Niño heat. Heat has slowed bird growth, raised mortality and cut production, with breeders reducing output.
Heat-driven production losses tighten poultry supply and lift prices in Asia, supporting feed demand, while hopes for monsoon relief could ease the pressure.
Not enough comparable past events yet for a historical read.
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.