
Indonesia’s Agriculture Ministry is testing whether palm-derived ingredients can make up more than 10% of poultry feed raw materials. The ministry says greater inclusion could reduce soybean meal imports.
If adopted at scale, substitution with palm-derived feed ingredients could weaken Indonesian demand for imported soybean meal. The proposal is still being tested, so the price impact is uncertain and likely limited for now.
After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), 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.