# El Niño Watch: Agriculture damage nears P10 billion

> The Philippine Department of Agriculture reported agricultural damage from the strong El Niño reached P9.99 billion, affecting 324,327 farmers and 323,419 hectares. Rice output is projected at about 18.6 million tonnes, roughly one million tonnes lower than 2025, and corn output is forecast down about 500,000 tonnes.

- Date: 2026-11-12 · published 2026-11-12T21:13:15.283Z
- Category: weather · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/96541-el-nino-watch-agriculture-damage-nears-p10-billion
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower Philippine rice and corn output increases the country's import needs, supporting demand for feed grains and rice-related products and nudging regional prices higher.

## Read by commodity

- CORN: bullish ▲
- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-04-26 | [El Niño crop damage climbs to P7.96 billion - BusinessWorld Online](https://feedsoft.ai/events/59514-el-nino-crop-damage-climbs-to-p7-96-billion-businessworld-online.md) | +0.6% | +5.3% |
| CORN | 2023-05-10 | [Argentina's agriculture to recover slowly despite El Niño -grains exchange](https://feedsoft.ai/events/13967-argentina-s-agriculture-to-recover-slowly-despite-el-nino-grains-exchange.md) | -7.0% | -9.7% |
| CORN | 2026-09-10 | [Policy Backgrounder: El Niño Reshapes Global Agricultural Markets](https://feedsoft.ai/events/17397-policy-backgrounder-el-nino-reshapes-global-agricultural-markets.md) | +4.3% | +1.1% |
| CORN | 2018-11-23 | [AgroPages-Brazil: El Niño alters the dynamics of pests and diseases, and demands attention from farmers-Agricultural news](https://feedsoft.ai/events/61882-agropages-brazil-el-nino-alters-the-dynamics-of-pests-and-diseases-and-demands.md) | -0.4% | +8.4% |
| CORN | 2026-06-08 | [Agricultural production threatened by combination of El Niño and high input prices - Joint Research Centre](https://feedsoft.ai/events/18726-agricultural-production-threatened-by-combination-of-el-nino-and-high-input.md) | -0.9% | +0.5% |
| RICE | 2019-04-26 | [El Niño crop damage climbs to P7.96 billion - BusinessWorld Online](https://feedsoft.ai/events/59514-el-nino-crop-damage-climbs-to-p7-96-billion-businessworld-online.md) | +2.5% | +13.7% |
| RICE | 2026-05-13 | [El Niño fears push rice importers to build stocks as Thailand watches drought risk](https://feedsoft.ai/events/19304-el-nino-fears-push-rice-importers-to-build-stocks-as-thailand-watches-drought.md) | +7.7% | +2.4% |
| RICE | 2023-10-19 | [El Nino to continue into mid-2024, threatening agriculture](https://feedsoft.ai/events/33549-el-nino-to-continue-into-mid-2024-threatening-agriculture.md) | +1.6% | +6.8% |

## Sources

- abs-cbn.com: https://www.abs-cbn.com/news/weather-traffic/2026/11/12/el-ni-o-watch-agriculture-damage-nears-p10-billion-1005

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