# 2K rice, corn farmers lose crops

> 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.

- Date: 2024-04-12 · published 2024-04-12T12:00:00.000Z
- Category: weather · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/6716-2k-rice-corn-farmers-lose-crops
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

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.

## Read by commodity

- CORN: bullish ▲
- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-08-11 | [China floods hit rice, corn crops; trigger food inflation worries \| Reuters](https://feedsoft.ai/events/34584-china-floods-hit-rice-corn-crops-trigger-food-inflation-worries-reuters.md) | -3.1% | +0.4% |
| RICE | 2020-04-22 | [Report: Rice prices rise slightly, while corn, cotton and soybean farmers face historic lows - Talk Business & Politics](https://feedsoft.ai/events/6058-report-rice-prices-rise-slightly-while-corn-cotton-and-soybean-farmers-face.md) | +11.4% | +6.1% |
| RICE | 2023-08-18 | [Exclusive: India faces record low August rains, threatening summer crops \| Reuters](https://feedsoft.ai/events/34475-exclusive-india-faces-record-low-august-rains-threatening-summer-crops-reuters.md) | +1.2% | +4.4% |
| RICE | 2023-08-30 | [From rice to palm oil, Asian crops output forecast lower as El Nino strengthens](https://feedsoft.ai/events/34470-from-rice-to-palm-oil-asian-crops-output-forecast-lower-as-el-nino-strengthens.md) | +1.2% | -2.2% |
| RICE | 2022-09-01 | [India rice crop suffers setback as patchy rains reduce plantings](https://feedsoft.ai/events/39996-india-rice-crop-suffers-setback-as-patchy-rains-reduce-plantings.md) | -3.1% | -0.9% |
| CORN | 2020-05-05 | [Brazil's corn farmers face scarce rains, losses: weather forecasters](https://feedsoft.ai/events/52956-brazil-s-corn-farmers-face-scarce-rains-losses-weather-forecasters.md) | +0.1% | +1.4% |
| CORN | 2024-06-21 | [Stress and the 2024 corn and soybean crops - farmdoc](https://feedsoft.ai/events/13176-stress-and-the-2024-corn-and-soybean-crops-farmdoc.md) | -5.5% | -8.4% |
| CORN | 2025-06-27 | [Missouri crops face heat stress as farmers wait for rain](https://feedsoft.ai/events/13084-missouri-crops-face-heat-stress-as-farmers-wait-for-rain.md) | +5.1% | -1.7% |

## Sources

- sunstar.com.ph: https://www.sunstar.com.ph/cebu/2k-rice-corn-farmers-lose-crops

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