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President Marcos issued Executive Order No. 129, more than doubling the Philippines' minimum access volume for maize imports to 500,000 metric tonnes. The move responds to a projected yellow corn supply gap caused by El Niño-related crop damage.
Higher import quota lifts Philippine import demand for corn and helps offset local supply losses, which supports world corn prices. Feed millers gain access to more supply.
businessmirror.com.phSamuel P. MedenillaNov 2, 2026After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% 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.
