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The rupiah weakened 0.17% to Rp18,158 per US dollar intraday on Monday, 2 November 2026, after Statistics Indonesia reported October inflation of 3.23% year on year, slightly below consensus of 3.25%. Bond yields rose to 7.79% on the 10-year tenor, and the Jakarta Composite Index gained 1.33%.
Rupiah weakness raises the local-currency cost of imported feed ingredients for Indonesian buyers, while softer inflation gives little relief to the currency. The move is a macro currency factor with no direct change to grain or meal supply.
bloombergtechnoz.comTim Riset Bloomberg TechnozNov 2, 2026Not enough comparable past events yet for a historical read.
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.
