Egg prices in Indonesia have risen sharply due to a corn shortage

behind the price increase was a decrease in corn production. Dry corn production (14% moisture) fell by 21.09% in August, 24.73% in September, and is forecast to decline by 15.67% in October. Overall, this represents a potential annual decline of 20.87%, or approximately 0.96 million tons, compared to last year. Reduced supply has led to rising corn prices, which has directly impacted the cost of feed and, consequently, eggs. “One of the main reasons for the rise in corn and feed prices is the reduction in production over the past three months,” noted Widyasanti. According to Indonesia’s Ministry of Trade, as of September 20, egg ...