
Feed corn prices in Thailand have risen more than 25% in about a month, with domestic corn delivered to mills up 27% over four weeks of harvest. The increase comes despite falling world corn prices and amid a dispute over the country's strict import rules, which growers want kept, including the 3:1 import rule.
Unusual domestic strength in Thailand's feed corn tightens local supply for mills and feed makers, and could draw imports if the 3:1 import rule is scrapped. Regional feed costs rise even as world corn prices fall.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% 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.