
A Thai government spokesperson reported year-on-year increases in October prices for cassava, rubber, paddy rice, feed corn and palm fruit. He also cited excise-tax reductions for E20 and B20 fuels as a measure intended to encourage biofuel use and support domestic agricultural income.
Higher feed-corn prices can lift feed costs, while policies encouraging biofuel use may support demand for agricultural feedstocks. The reported price comparisons themselves do not establish a new supply shock.
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.
After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.
After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% 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.