Latest update: 24-10-2025, 14:09
MACROECONOMY
US Central Bank Balance Sheet Declined to USD 6.59 tn
The US central bank balance sheet fell to USD 6.59 tn on 01 Oct-25, down from USD 6.61 tn the prior week. On average, it stood at USD 3.89 tn from 2002–2025, peaking at USD 8.97 tn in Apr-22 and hitting a record low of USD 712.81 bn in Jan-03. (Trading Economic)
INDUSTRY
Corn Harvest at Risk of Further Decline
Indonesia’s corn output in Aug-25 dropped 6.47% MoM to 1.39 mn tons from 1.48 mn tons in Jul-25, according to BPS. Potential production for Sep–Nov 2025 is projected at 3.82 mn tons, down 5.14% YoY from 4.03 mn tons in the same period last year, driven by a 2.69% contraction in harvested area to 0.61 mn ha. The decline raises concerns over national corn supply stability as imports continue to face rising demand pressure. (Kontan)
COMPANY
Japfa Comfeed (JPFA) Pushed Downstream Business Through Olagud Brand
JPFA, via Japfa Food, expanded its downstream segment with Olagud probiotic chicken through B2B collaborations, including a new menu with Ismaya Group’s Kitchenette available until mid-Dec-25. Olagud, launched in 2024, already reached the top 2 in Indonesia’s premium ready-to-cook chicken market and is testing exports to Singapore. (Kontan)
