The Philippines DSWD report says El Niño conditions weakened by March 2024 but are expected to persist into March-May. Dry conditions have caused crop and livestock damage and water shortages, with several Mindoro and Zamboanga localities declaring states of calamity.
PAGASA has raised a La Niña Watch, with a 55% chance of La Niña developing by June-August.
Drought damage to rice and local crops in a major importing market can tighten Asian rice supply and support prices.
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.