
Philippine farm output likely contracted in 2024 after El Niño and La Niña brought drought, below-normal rainfall and later typhoon flooding. Analysts estimate the value of agricultural output fell by more than 1%, reversing 0.4% growth in 2023 and missing the Department of Agriculture's 1-2% target.
Delayed input distribution and weak local technical support may also have contributed.
Lower domestic rice and crop output raises Philippine import needs and supports regional rice prices. The effect on global feed grain markets is small.
Setelah 179 peristiwa cuaca bullish sebelumnya, Gabah bergerak median +0,4% selama 5 sesi (55% lebih tinggi; separuh tengah -1,4% sampai +2,5%), dan +2,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.