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OCBC strategists remain cautious on the Indonesian rupiah and forecast USD/IDR at 18,100 by end-2026, peaking at 18,200 in 1Q27 before easing to 17,850 by end-2027. They cite MSCI index review uncertainty, elevated oil prices and possible further Fed tightening as pressures.
A weaker rupiah and higher oil costs would raise import bills for Indonesian feed and fertiliser buyers. The outlook is a currency forecast with no direct supply change for feed commodities.
Not 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.