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The National Food Agency (Bapanas) increased the SPHP program allocation of subsidized corn from the Government Corn Reserve (CJP), which Perum Bulog distributes. The total allocation this year reached 387.8 thousand tons, nearly eight times the 2025 feed-corn target of 51.2 thousand tons.
Farmers in Lamongan, East Java, say the supply is keeping their poultry businesses running, and a new allocation has a deadline of November 20.
Releasing government corn stock at subsidized prices adds supply to the domestic feed market and eases feed-corn prices for poultry producers. It is a bearish factor for Indonesian corn prices while the program runs.
suarapemerintah.idRetaNov 11, 2026After 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.
