
Indonesia's National Food Agency (Bapanas) set the government purchase price (HPP) for dried shelled corn at 14% moisture at Rp 6,400 per kilogram at Bulog warehouses. Bulog must buy farmers' corn at Rp 5,500 per kilogram for 18–20% moisture at the farm gate.
The reference price for poultry farmers is Rp 5,800 per kilogram, set under Circular Letter No. 457 of 2026.
A government price floor supports domestic corn prices and farm incomes, which tends to keep local feed corn expensive for feed mills and poultry producers. It also reduces the chance of a sharp domestic price collapse at harvest.
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.