Key insights and market outlook
On January 5, 2026, Indonesia's national food prices showed mixed movements. Corn prices surged 1.65% to Rp6,953/kg, indicating potential feedstock supply pressure. Buffalo meat prices rose 1.10% to Rp141,000/kg while red chili prices dropped 5.29% to Rp40,622/kg. These changes reflect varying supply dynamics across different food commodities.
Indonesia's national food prices on January 5, 2026, showed varied movements according to data from the National Food Agency (Badan Pangan Nasional/Bapanas). The most significant increase was observed in corn prices at the farmer level, which surged by Rp113 or 1.65% to Rp6,953 per kg. This sharp rise indicates potential pressure on feedstock supply for the livestock industry at the beginning of the year.
In the animal protein category, fresh local buffalo meat recorded a significant price increase of Rp1,532 (1.10%) to Rp141,000 per kg. Similarly, imported frozen buffalo meat also saw a price rise of 0.87% to Rp108,131 per kg. Pure beef prices also strengthened, albeit moderately, by 0.36% to Rp136,469 per kg. These increases suggest tightening supply or growing demand in the meat sector.
In contrast to the rising prices in protein commodities, horticulture products saw price declines. The most substantial drop was recorded in red chili prices, which plummeted by Rp2,267 or 5.29% to Rp40,622 per kg. Other horticulture commodities like curly red chili and shallots also experienced price decreases, falling by 2.80% and 2.06% respectively.
These mixed price movements reflect the complex dynamics of Indonesia's food supply chain. The increase in corn and meat prices may signal potential inflationary pressures in the food sector, particularly affecting livestock farmers and meat consumers. Conversely, the decline in chili prices provides some relief to consumers, potentially influencing overall inflation metrics. The National Food Agency's monitoring of these price movements will be crucial in maintaining food price stability in the coming months.
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