20131113-typhoon-impactAs per the sources, it has been stated by local sources that the typhoon ‘Melor’ has damaged about 29,481 tons of Paddy worth P255.87 million (around $5.42 million) in around 15,758 hectares. Further, according to the initial estimates by the Philippines Department of Agriculture (DA), around 11,416 hectares of rice farms have a chance of recovery, while 4,342 hectares of land is beyond recovery. Further, in this context, Department of Agriculture estimates that the typhoon has caused damage to crops worth P732.59 million (around $15.5 million). DA also estimates that around 20,309 hectares of agricultural land comprising rice, corn, cassava, livestock and fisheries have been damaged.

Further in this regards, Philippines government stated that the damage by Typhoon Melor may prompt the government to import more rice to ensure adequate stocks and prevent price hikes. However, Philippines government has already approved imports ofShanti Agro Industries Pvt. Ltd. around 500,000 tons in the first quarter of 2016 and is planning to import another 300,000 – 400,000 before the second quarter.