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Philippine liveweight hog prices fell, adding pressure to raisers. Bank economists warned that inflation could exceed 8% in November-December on transport, electricity, wage and oil cost pressures, plus El Niño risks to food supply.
Lower hog prices reduce producer margins and can cut feed purchases, while El Niño and high fuel costs raise feed and grain cost risks in the Philippines.
businessmirror.com.phAda PeloniaNov 2, 2026After 17 past bearish macro events, Lean Hogs moved a median -1.0% over 5 sessions (35% higher; middle half -2.5% to +0.8%), and -1.6% over 20.
After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.
After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% 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.
