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S&P Global Ratings said the Philippines faces weak economic growth alongside high inflation, with interest rates potentially staying elevated for longer. It cited supply-driven inflation pressures from global energy prices and El Niño-related food-cost increases, and noted October inflation reached 7.8%, a near four-year high.
El Niño-related stress on agricultural output could tighten local food supplies and increase competition for available feed inputs, while higher energy costs raise production and transport expenses. Persistent inflation and elevated interest rates may also weigh on demand and raise financing costs for feed buyers.
bworldonline.comRGEntRibirthFURDNov 6, 2026After 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.
After 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 40 past bullish weather events, Crude Oil (WTI) moved a median +1.6% over 5 sessions (63% higher; middle half -3.7% to +5.3%), and +6.1% over 20.
After 24 past bullish weather events, Crude Oil (Brent) moved a median +2.8% over 5 sessions (67% higher; middle half -1.9% to +5.2%), and +6.3% 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.
