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Thai feed users say corn trades nearly THB2/kg above the THB9.80 reference price. Only 150,000 tonnes of a 570,000-tonne US corn quota at 0% duty have been imported.
Import-quota underuse and a push to loosen import ratios could add corn supply to Thailand in 2027, but the request is still pending. Feed cost pressure in Thailand is supportive for corn prices in the region.
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.