
Indonesia's National Food Agency (Bapanas) is releasing 85,000 tonnes of government corn reserves at a subsidised Rp 5,000/kg at Bulog warehouses to independent poultry and livestock farmers. Distribution is focused on East Java, Central Java, West Java and Lampung, with verification by Satgas Pangan.
Releasing state corn stocks adds feed supply in key livestock regions, easing demand for commercial corn and capping feed costs. This is bearish for domestic corn prices and supports farmer margins.
After 315 past bearish policy events, Corn moved a median +0.3% over 5 sessions (55% higher; middle half -1.4% to +1.9%), and +0.6% 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.