
El Niño dry spells and drought have damaged rice and corn crops for over 2,000 farmers in Central Visayas, with losses of about P30.7 million. Cebu, Negros Oriental and Siquijor reported damage in initial figures.
Lost staple output in the Philippines tightens local rice and corn supplies and can lift regional feed and food prices. The scale is modest so far.
After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% over 20.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.