# El Niño crop damage climbs to P7.96 billion - BusinessWorld Online

> The Philippine Department of Agriculture says El Niño damage has risen to P7.96 billion, with 447,889 metric tons of lost output. Rice losses doubled to P4.04 billion and corn losses reached P3.89 billion, though the government says production targets can still be met.

- Date: 2019-04-26 · published 2019-04-26T12:00:00.000Z
- Category: weather · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/59514-el-nino-crop-damage-climbs-to-p7-96-billion-businessworld-online
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Philippine rice and corn losses increase import demand in Southeast Asia and can support regional rice and corn prices. Losses are small relative to the national targets, so the global impact is limited.

## Read by commodity

- CORN: bullish ▲
- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2026-05-29 | [Sugar cane, rice, coffee and cocoa to feel effects of El Niño \| Baking Business](https://feedsoft.ai/events/19190-sugar-cane-rice-coffee-and-cocoa-to-feel-effects-of-el-nino-baking-business.md) | -4.1% | +1.3% |
| RICE | 2025-01-26 | [Agricultural output may have contracted in 2024 - BusinessWorld Online](https://feedsoft.ai/events/16029-agricultural-output-may-have-contracted-in-2024-businessworld-online.md) | -5.7% | -8.4% |
| RICE | 2026-10-27 | [From maize to coffee, El Nino likely to affect various crops across the world - The HinduBusinessLine](https://feedsoft.ai/events/17051-from-maize-to-coffee-el-nino-likely-to-affect-various-crops-across-the-world.md) | +3.5% | — |
| RICE | 2023-03-09 | [Transition from La Niña to El Niño may be quick \| World Grain](https://feedsoft.ai/events/36755-transition-from-la-nina-to-el-nino-may-be-quick-world-grain.md) | +8.1% | +5.3% |
| RICE | 2026-04-09 | [Rising Odds of Strong El Niño Point to Global Weather and Crop Impacts - Bloomberg](https://feedsoft.ai/events/19631-rising-odds-of-strong-el-nino-point-to-global-weather-and-crop-impacts-bloomberg.md) | -1.4% | +6.9% |
| CORN | 2022-12-18 | [Tight grain, oilseed supplies to keep prices elevated - BusinessWorld Online](https://feedsoft.ai/events/8467-tight-grain-oilseed-supplies-to-keep-prices-elevated-businessworld-online.md) | +1.3% | +2.9% |
| CORN | 2021-12-26 | [Withering crops highlight La Niña fears for Brazil soy farmers - BusinessWorld Online](https://feedsoft.ai/events/13761-withering-crops-highlight-la-nina-fears-for-brazil-soy-farmers-businessworld.md) | -1.3% | +3.3% |
| CORN | 2025-03-17 | [U.S. grains: Wheat climbs on fears of wind damage to US crop - AgCanada](https://feedsoft.ai/events/5620-u-s-grains-wheat-climbs-on-fears-of-wind-damage-to-us-crop-agcanada.md) | +7.3% | +7.8% |

## Sources

- bworldonline.com: https://bworldonline.com/editors-picks/2019/04/26/227700/el-nio-crop-damage-climbs-to-p7-96-billion/

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