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A BusinessMirror editorial argues that Philippine corn should not be overlooked as a super El Niño approaches, alongside the rice concern. It highlights the risk that El Niño-driven dryness will hit local food supply.
A drought-prone El Niño season threatens Philippine corn output, which would raise import demand and support corn prices. Feed buyers should expect tighter local supply.
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.