# Indonesia's Bulog to buy corn from feed millers to close 107,867-tonne SPHP shortfall

> Indonesia's state logistics agency Bulog plans to buy corn from commercial feed millers to cover a 107,867-tonne shortfall in its SPHP stabilisation programme. The move comes as El Niño trims domestic output.

- Date: 2026-11-04 · published 2026-11-05T19:36:54.615Z
- Category: weather · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/82327-indonesia-s-bulog-to-buy-corn-from-feed-millers-to-close-107-867-tonne-sphp
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

State buying of corn from feed millers tightens domestic feed corn supply in Indonesia and supports local corn prices, while higher soybean meal prices add to feed cost pressure.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-05-22 | [Russian wheat shortfall a boon to US exporters of ... corn?](https://feedsoft.ai/events/4590-russian-wheat-shortfall-a-boon-to-us-exporters-of-corn.md) | +3.3% | +4.2% |
| CORN | 2021-08-03 | [Brazil's second corn harvest 19 million tons smaller](https://feedsoft.ai/events/45431-brazil-s-second-corn-harvest-19-million-tons-smaller.md) | -1.8% | -3.2% |
| CORN | 2024-10-11 | [Ukraine grain exports to fall by more than 10 million tonnes due to smaller crop, official says - Grainews](https://feedsoft.ai/events/14262-ukraine-grain-exports-to-fall-by-more-than-10-million-tonnes-due-to-smaller.md) | -1.8% | +0.9% |
| CORN | 2021-08-30 | [ANALYSIS: Corn buyers unlikely to get reprieve from higher prices in 2021-22 \| S&P Global](https://feedsoft.ai/events/45596-analysis-corn-buyers-unlikely-to-get-reprieve-from-higher-prices-in-2021-22-s.md) | -6.1% | -11.6% |
| CORN | 2025-01-14 | [Brazil’s corn crop forecast lowered to 122.3 mln tons](https://feedsoft.ai/events/13520-brazil-s-corn-crop-forecast-lowered-to-122-3-mln-tons.md) | +1.0% | +3.3% |
| SBM | 2021-09-07 | [Agriculture: Monsoon is drawing to a close. Will the Gods show mercy on India's rain deficit](https://feedsoft.ai/events/45023-agriculture-monsoon-is-drawing-to-a-close-will-the-gods-show-mercy-on-india-s.md) | +1.7% | -3.9% |
| SBM | 2020-08-25 | [U.S. grains: Crop concerns, Chinese buying spark rallies in soy, corn - Grainews](https://feedsoft.ai/events/51652-u-s-grains-crop-concerns-chinese-buying-spark-rallies-in-soy-corn-grainews.md) | +5.4% | +16.7% |
| SBM | 2021-12-24 | [Corn futures in Chicago close to six-month high amid weather threats in South America — Latifundist.com](https://feedsoft.ai/events/43622-corn-futures-in-chicago-close-to-six-month-high-amid-weather-threats-in-south.md) | +1.1% | -0.3% |

## Sources

- efeedlink.com: https://www.efeedlink.com/articles/indonesia-s-bulog-to-buy-corn-from-feed-millers-to-close-107-867-tonne-sphp-shortfall

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.