
Twenty associations of animal-feed ingredient users sent a third letter to Deputy PM and Commerce Minister Supajee Suthammapun, chair of Thailand's corn policy committee (NBKP), urging an urgent meeting. They cite super El Niño floods and storms that delayed the corn harvest and damaged crops in some areas, tightening supply and pushing prices nearly 2 baht/kg above the 9.80 baht/kg Commerce Ministry reference.
Imports for 2026 are also reported down 15-20%, with only 150,000 tonnes of the 570,000-tonne 0% tariff quota from the US actually shipped.
Tighter Thai domestic corn and delayed import policy for 2027 raise feed costs for Thai millers and point to firmer regional corn demand for imports, supporting corn prices in the Thai market.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
Not enough comparable past events yet for a historical read.
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.