Feed corn in North Sumatra was reported at Rp 7,400–7,800/kg, while Bulog is distributing SPHP corn to registered farmers at Rp 5,000/kg. Of a 3,601-tonne allocation, 3,048 tonnes had been delivered to 28 farmers across six areas by November 5.
The subsidized corn provides local poultry farmers with a lower-cost alternative to market supplies and may curb regional feed-cost pressure. The limited distribution is more likely to affect local availability than the national corn balance.
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.