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Corn prices at traders in Tasikmalaya City have risen to Rp8,100-8,500 per kg, up from Rp5,500-6,000 per kg before late September. A local poultry businessman says layer farmers are squeezed by expensive feed while egg prices remain low.
Higher corn prices raise feed costs for layer farmers, which tightens domestic feed-grain demand and supports local corn prices. Egg prices sitting below cost limit farmers' ability to pass on the increase.
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.