The Indonesian government plans to sell 100,000-150,000 tonnes of corn through state logistics agency Bulog at a cost price of Rp5,500 per kg. The aim is to help small and medium enterprises and poultry farmers facing higher feed prices during a long dry season.
Releasing state corn stocks at a fixed price adds supply to the domestic market and should cap local corn prices. The scale is significant relative to recent domestic price levels.
After 310 past bearish policy events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% 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.