Bank economists in the Philippines warn that inflation could exceed 8% in November and December, driven by higher public transport fares, electricity rates and wages. They also cite stubbornly high global oil prices and the threat El Niño poses to food supply.
The page also carries several unrelated Philippine business and corporate items.
Elevated fuel and power costs and a possible El Niño food-supply shock would raise local feed and livestock input costs in the Philippines. The article gives no specific new cause for moves in feed commodity prices.
Not enough comparable past events yet for a historical read.
After 541 past macro events, Corn moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% over 20.
After 456 past macro events, Soybeans moved a median -0.0% over 5 sessions (50% higher; middle half -2.1% to +1.6%), and -0.4% 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.