Indonesia's Farmers' Terms of Trade for May 2024 stood at 116.71, down 0.06%. Dried harvested grain prices at farm level rose 2.73%, while premium rice prices at the huller level fell 3.79%.
Rising farm-gate grain prices in Indonesia point to firmer domestic rice and corn costs, with limited direct effect on international feed prices.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 87 past bearish report events, Rough Rice moved a median +0.0% over 5 sessions (53% higher; middle half -2.1% to +2.4%), and +1.1% 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.