
Indonesia plans a warehouse-receipt system for feed corn under which farmers would grow corn for livestock groups. Bulog would purchase any surplus for release during the September–November lean season; SPHP sales have reached 60.75% of the 387,000-tonne ceiling.
The planned purchases and seasonal stock releases are intended to smooth feed-corn availability, potentially limiting shortages and price spikes during the lean season. The program could support farmers’ demand while adding reserve supply when needed.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% 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.