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The Philippine Department of Agriculture warned El Niño could hit local farms hardest in the first half of 2027, with rice production losses now projected at up to one million metric tons, up from 700,000. Officials said reduced rainfall would limit planting areas for rainfed farms, with damage possibly extending to corn, vegetables and livestock.
A larger Philippine rice shortfall would tighten regional supply and could lift international rice prices. Feed buyers should watch corn and livestock exposure, although the agency says current stocks are sufficient.
tribune.net.phMaria Bernadette RomeroNov 4, 2026After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% over 20.
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.
