
Twenty feed-user associations sent a third open letter to Supajee Suthammapun urging an urgent meeting of the NBKP corn committee. They cite super El Niño floods and storms delaying harvests and damaging some corn, with prices running nearly 2 baht/kg above the 9.80 baht/kg reference.
Imports for 2026 are down 15-20%, and the 2027 import measures remain undecided.
Delayed corn harvest and tight Thai supply raise domestic and import-parity corn costs, supporting corn demand from import origins and the value of substitute feed grains.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.