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Local corn prices in Indonesia have reached Rp7,800 per kilogram, while subsidised SPHP corn is sold to farmers at Rp5,500. The government is preparing a reserve system with Bulog and cooperatives to counter supply shortages during the lean season.
Domestic corn prices near Rp7,800 signal tight feed grain supply in Indonesia, supporting demand for imported corn and feed ingredients.
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.