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The Philippine Statistics Authority reported that the country's agricultural and fisheries output contracted a record 2.2% in 2024 to P1.73 trillion. Crops, livestock and fishery output fell, while poultry grew 6.6%, with El Niño and La Niña cited as causes.
Lower Philippine farm output raises the country's import needs for feed inputs, a modest support for global feed grain and meal demand.
bworldonline.comCEDTyCleaJan 28, 2025After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% 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.
