# PhilMaize Lauds Reversal of SC Ruling on GMOs

> Philippine bank economists warned that price pressures from transport fares, electricity rates, wages, high global oil prices and El Niño could push inflation above 8% in November and December. The same business digest also reported that business sentiment improved in September and that the Japanese Chamber of Commerce raised concerns about a DOE/DENR administrative order.

- Date: 2026-11-02 · published 2026-11-03T00:18:07.453Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/76567-philmaize-lauds-reversal-of-sc-ruling-on-gmos
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher inflation and fuel costs in the Philippines weigh on the peso and on feed and food import costs, while El Niño raises supply risks. There is no direct grain price move from these items.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-06-11 | [Ethanol industry seeing signs of recovery](https://feedsoft.ai/events/52619-ethanol-industry-seeing-signs-of-recovery.md) | +1.0% | +5.3% |
| CORN | 2017-09-15 | [Russia set records in the export of grain](https://feedsoft.ai/events/68820-russia-set-records-in-the-export-of-grain.md) | +1.4% | +4.3% |
| CORN | 2017-05-18 | [Plunge in Brazil’s Real Shows Risk of Chasing Big Returns](https://feedsoft.ai/events/71196-plunge-in-brazil-s-real-shows-risk-of-chasing-big-returns.md) | +0.7% | +1.3% |
| CORN | 2024-09-16 | [What's Hot: Anticipating the return of La Nina \| GB \| WisdomTree Europe](https://feedsoft.ai/events/28235-what-s-hot-anticipating-the-return-of-la-nina-gb-wisdomtree-europe.md) | +1.6% | +2.7% |
| CORN | 2020-04-03 | [Grim reality of severe global economic recession slams meat industry
						 \| The Pig Site](https://feedsoft.ai/events/6602-grim-reality-of-severe-global-economic-recession-slams-meat-industry-the-pig.md) | -0.6% | -8.4% |

## Sources

- businessmirror.com.ph: https://businessmirror.com.ph/2016/07/27/philmaize-lauds-reversal-of-sc-ruling-on-gmos/

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