
Corn is selling for Rp 7,000 to Rp 8,000 per kilogram in Bantul, Indonesia, adding to poultry farmers' production costs. The government's SPHP corn stabilization program, sold through Bulog at Rp 5,500 per kilogram, is available only to farmers who belong to cooperatives.
Local authorities are now preparing data on independent farmers who are not in cooperatives.
Limited access to subsidized corn keeps domestic feed demand exposed to high local prices, which raises feed costs for Indonesian poultry producers. The effect on the wider market is local and modest.
After 328 past bullish policy events, Corn moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +1.3%), and -0.2% 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.