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Farmers in Bantul, Yogyakarta, report dry-grain corn prices of up to Rp7,300 per kg at farm gate, compared with about Rp5,500 a year earlier. Dry weather during the harvest helped farmers dry their crop properly.
Higher local farmgate corn prices reflect good drying conditions and a large harvest, which supports domestic feed grain prices. The effect on world corn prices is small.
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.