
Twenty livestock and aquaculture associations sent a third letter to Thai Commerce Minister Supajee asking for an urgent meeting of the national corn policy committee. Super El Niño floods have delayed the harvest and damaged some crops, and domestic corn prices have risen nearly 2 baht per kg above the ministry's 9.80 baht benchmark.
Imports in 2026 fell 15-20%, with only 150,000 tonnes of the 570,000-tonne US zero-tariff quota used.
Tight domestic corn supply raises feed costs for Thai millers and farms, and the import ratio and quota decisions for 2027 will determine how much foreign corn can ease the shortage. Lower imports keep domestic corn prices firm.
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.
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.