# With rice harvest looming, warehouse space grows scarce - BusinessWorld Online

> Storage is expected to be a bottleneck in the Philippine rice harvest this month because warehouses are still full of unsold palay from the previous season. Traders can only sell at a loss due to cheap imports, and the National Food Authority is looking for warehouses to rent.

- Date: 2019-09-01 · published 2019-09-01T12:00:00.000Z
- Category: logistics · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/57147-with-rice-harvest-looming-warehouse-space-grows-scarce-businessworld-online
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Full storage and forced sales at a loss pressure domestic paddy prices and limit government purchases during harvest. Lower prices could cut farmer incomes and reduce local grain supply later.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-06-28 | [Asia rice: High shipping cost dents Indian rates - Markets - Business Recorder](https://feedsoft.ai/events/29839-asia-rice-high-shipping-cost-dents-indian-rates-markets-business-recorder.md) | +1.1% | -9.1% |
| RICE | 2021-02-21 | [Indian rice exports gain momentum - Markets - Business Recorder](https://feedsoft.ai/events/48701-indian-rice-exports-gain-momentum-markets-business-recorder.md) | -0.9% | +2.1% |
| RICE | 2020-06-14 | [Labour shortage and scarcity of containers at ports hit India’s rice exports - DST - Daily Shipping Times](https://feedsoft.ai/events/52587-labour-shortage-and-scarcity-of-containers-at-ports-hit-india-s-rice-exports.md) | -12.7% | +0.7% |
| RICE | 2026-03-21 | [Asia Rice: Top export hubs see limited activity, muted prices on high shipping rates](https://feedsoft.ai/events/20263-asia-rice-top-export-hubs-see-limited-activity-muted-prices-on-high-shipping.md) | -0.0% | -0.5% |
| RICE | 2021-02-04 | [Andhra Pradesh Moves To Leverage Rice Exports At Time Of Global Shortage](https://feedsoft.ai/events/48579-andhra-pradesh-moves-to-leverage-rice-exports-at-time-of-global-shortage.md) | -1.6% | -0.1% |

## Sources

- bworldonline.com: https://bworldonline.com/editors-picks/2019/09/02/251082/with-rice-harvest-looming-warehouse-space-grows-scarce/

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