# Bangkok Post - Assessing drought impact

> Siam Commercial Bank's EIC says a drought that started early in Thailand's 2019-2020 dry season has damaged 1.62 million rai of farmland, 89% of it rice. Reservoirs are below the five-year average, and the Meteorological Department warns the drought could last until June. Off-season rice, sugar cane and cassava are seen as most at risk.

- Date: 2020-03-17 · published 2020-03-17T12:00:00.000Z
- Category: weather · region Thailand · magnitude medium
- Page: https://feedsoft.ai/events/7425-bangkok-post-assessing-drought-impact
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower off-season rice, cane and cassava output tightens Asian feed and industrial raw material supplies, supporting prices for rice and cassava-linked feed inputs.

## Read by commodity

- CORN: bullish ▲
- RICE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| RICE | 2020-03-18 | 5 | +10.1% | 3.8 | Drought damage to 1.62 million rai of Thai farmland, mostly rice, with reservoirs low and the drought possibly lasting until June, points to reduced supply from a major exporter. |
| RICE | 2020-03-17 | 5 | +8.7% | 3.5 | Thai drought damaging 1.62 million rai, mostly rice, with the dry spell forecast to last to June, raised the supply-risk premium. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-04-07 | [Bangkok Post - Rice exporters predict higher prices in Q2](https://feedsoft.ai/events/10811-bangkok-post-rice-exporters-predict-higher-prices-in-q2.md) | +6.6% | +16.0% |
| RICE | 2020-01-31 | [Asia Rice-Indian prices extend gains as Thailand battles drought \| Financial Post](https://feedsoft.ai/events/55154-asia-rice-indian-prices-extend-gains-as-thailand-battles-drought-financial-post.md) | -0.3% | -0.3% |
| RICE | 2024-02-01 | [Indonesia's January drought points to lower rice harvest, higher imports](https://feedsoft.ai/events/31742-indonesia-s-january-drought-points-to-lower-rice-harvest-higher-imports.md) | +3.5% | +0.0% |
| RICE | 2026-05-13 | [El Niño fears push rice importers to build stocks as Thailand watches drought risk](https://feedsoft.ai/events/19304-el-nino-fears-push-rice-importers-to-build-stocks-as-thailand-watches-drought.md) | +7.7% | +2.4% |
| RICE | 2019-12-27 | [Asia Rice-Thai rice export prices rise as drought triggers future supply concerns \| Financial Post](https://feedsoft.ai/events/55666-asia-rice-thai-rice-export-prices-rise-as-drought-triggers-future-supply.md) | +0.9% | +4.6% |
| CORN | 2021-05-13 | [Drought impacting most Brazilian corn farms](https://feedsoft.ai/events/46927-drought-impacting-most-brazilian-corn-farms.md) | -7.7% | -2.2% |
| CORN | 2019-10-01 | [Argentina Crops Being Impacted by Drought Conditions - ProAg](https://feedsoft.ai/events/56410-argentina-crops-being-impacted-by-drought-conditions-proag.md) | +1.5% | -0.6% |
| CORN | 2019-06-05 | [Droughts and flooding rains impact market \| The Land \| NSW](https://feedsoft.ai/events/8686-droughts-and-flooding-rains-impact-market-the-land-nsw.md) | +0.9% | -0.2% |

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1881185/assessing-drought-impact

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