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India's goods export to hit USD 330 billion in 2018-19: Suresh Prabhu

Mar 08, 2019

The country's goods export will touch USD 330 billion in 2018-19, which will be the highest ever, Commerce and Industry Minister Suresh Prabhu said Thursday. 
He said the country's merchandise exports have seen high growth in the past six years through sector-specific interventions, focused export promotion initiatives, and quick resolution of issues. 
With the structural reforms that have been put in place over the past five years by the ministry and action-oriented plans for major sectors, the minister said India is on the path to become the fifth-largest economy this year. 
India's goods export will peak at USD 330 billion in 2018-19 which will be the highest ever, the ministry said in a statement quoting Prabhu. 
He also said the Department of Commerce has identified nine sectors - gems and jewellery, leather, textiles, engineering, electronics, chemicals, pharma, agriculture and marine products -- to achieve at least 16 per cent growth in exports in 2018-19. 
Source: Economictimes.indiatimes

Modi says agri export policy on the anvil; on track to double farm income by 2022

Aug 16, 2018

Prime Minister Narendra Modi today said a new agriculture export policy will be unveiled soon to boost farm income as the government is on track to achieve the target of doubling farmers' income by 2022. Addressing the nation from the ramparts of the Red Fort on the occasion of 72nd Independence Day, Modi spelt out pro-farm measures taken during four years of his government, the cornerstone being the bold move to fix the minimum support price (MSP) of crops at least 1.5 times of the cost of production. 
The demand for higher MSP was pending for years. From farmers to political parties to agriculture experts, everybody was asking about it but nothing happened. We decided that farmers should get 1.5 times more price than their cost of production and implemented the decision, he said. 
The Prime Minister said doubts were cast when he set the target of doubling farm income by 2022 but decisions like increase in price for crops have ensured that the government is on track of meeting the target. 
Source: Economictimes.indiatimes

Indonesia’s Bulog Estimates 2012 Rice Imports Could Reach 770,000 Tons

Oct 17, 2012

Indonesia’s state procurement body, Bulog, has forecast that rice imports will be between 500,000-770,000 tons this year and that it is communicating with sellers in India and Vietnam because they are selling at cheaper prices than Thailand.

Bulog usually maintains rice stocks at between 1.5 million and 2 million tons by buying from domestic suppliers or exporters within the region, favouring the former.

“We have set a target for this year’s domestic procurement at 4.1 million tons to reach Bulog’s rice stock of at least 2 million tons at the end of this year,” Bulog CEO Sutarto Alimoeso told reporters on Monday.

“If we can procure 200,000-250,000 tons additional rice domestically in November and December, our total domestic rice procurement will be around 3.6 million tons.”

Indonesia’s main rice harvest is usually in June or August, with a second crop towards the end of the first quarter.

The country, which expects unmilled rice output to be about 68 million tons this year, has ambitious plans to maintain stocks of 10 million tons by 2014.

It was self-sufficient in rice in the early 1980s, but the crop gradually declined as farmland was turned into housing for a booming population. Monthly rice consumption stands at about 2.7 million tons and rising.

“Rice imports this year will be less than last year which was 1.8 million tons,” Alimoeso said. “It is estimated that our rice imports this year will be ranging from 500,000 tons to 770,000 tons.”

In late September, Bulog said Indonesia, one of Asia’s major rice importers, had no plans to import rice for the rest of this year and will not need to buy until the end of the first quarter of next year.

“We have been starting to communicate with Vietnam and India to anticipate if we need to import rice,” he added. “Vietnamese and Indian rice is much cheaper than Thai rice.”

Last year, Southeast Asia’s largest economy imported rice from Thailand, Vietnam and India, to ensure it had plentiful stocks of the staple food.

But that may change this year after Thailand, the world’s top rice exporter, introduced a controversial intervention scheme under which it pays farmers way above the market price for their grain.

Traders now estimate that the Thai government has a record 12 million tons of milled rice in stockpiles.

Bulog told Reuters last month that it had not imported any rice this year, but would prefer to buy rice from Vietnam or India if forced to import, as those countries offer a better quality and cheaper grain.

Indonesia has signed rice memorandums of understanding with Thailand for 1 million tons, Vietnam for 1.5 million tons, Cambodia for 100,000 tons and Myanmar for 200,000 tons.


Indonesia should not import potatoes

Oct 27, 2011

Trade Minister Gita Wirjawan said that Indonesia should not import potatoes because the commodity could be produced at home, Antara news agency reported. "I do not quite agree if commodities that could be produced at home must be imported. There is no reason to import potatoes," the trade minister said during a hearing with House of Representatives (DPR)`s Commission VI trade, here on Monday. He said that Indonesia`s potato imports were small, namely accounting for 0.2 percent of the total national production.     

Indonesian government reviews potato import arrangements

Oct 21, 2011

The Indonesian government is considering establishing a trade system for potatoes, including what kinds of potatoes may be imported and an import quota, an official says. Trade Ministry director general for foreign trade Deddy Saleh said his office would thoroughly review possible arrangements for importing potatoes, as it could affect the potato trade, reported The Jakarta Post. "We will discuss what kinds of policies to use to address this issue. Current regulations include sanitary and phytosanitary systems for importing agricultural products and importing general products," he told reporters at his office on Friday. He added that a trade system to protect local products usually applied to a country's essential food commodities such as rice, salt and sugar, in the case of Indonesia.     

Govt told to tighten barriers on imports: Indonesia

Oct 19, 2011

Local businesses and stakeholders in the agriculture sector have demanded that the government tighten non-tariff barriers on imported agricultural produce and provide appropriate incentives for local farmers to boost productivity. Didik J. Rachbini, the chairman of the Economic Study, Research and Development Center at the Indonesian Chamber of Commerce and Industry (Kadin), said on Tuesday that the barriers could include directing incoming agricultural commodities toward the customs red channel, which would require them to be exposed to increased levels of scrutiny.     

ASEAN+3 to sign deal for emergency rice reserves

Oct 07, 2011

The 10 ASEAN members plus the three nations of Japan, China and South Korea are set to sign the ASEAN Plus Three Emergency Rice Reserves (APTERR) agreement on Friday in Jakarta. The signing will be the main agenda of the 11th ASEAN Ministers of Agriculture and Forestry (AMAF) Plus Three meeting. Vice President Boediono, who officiated the meeting on Friday, said he hoped that APTERR would serve as groundwork for future cooperation on food security between the ASEAN+3 nations. “Cooperation in the food sector has become one of the most vital agendas for countries in the region, because of the world’s recent condition,” he said. “We have all seen the gap between food production and consumption.”     

Indonesia, India may explore palm oil, rice pact

Oct 04, 2011

Indonesia and India discuss trade this week with rice and edible oils likely to be on the agenda as Jakarta faces cuts in supplies of the grain from Thailand and New Delhi considers retaliation for a hike in crude palm oil prices. India, the world’s biggest buyer of vegetable oils, is sending Trade Minister Anand Sharma to visit Jakarta, capital of the world’s biggest palm oil producer, on Tuesday, barely a month after Indonesia moved to boost its refined palm oil exports by reducing taxes on the product, and hiking tariffs on crude palm oil. India’s own refining industry said the step was a potential “death blow”. The visit comes only days after Indonesian Trade Minister Mari Pangestu said the country would seek alternative shipments of rice after the reported cancellation of a proposed sale of 300,000 tons of rice from Thailand.     

Indonesia: Drought forces chili prices to climb

Oct 03, 2011

The prices of various kinds of chilies have been inching up over the past week following reports of droughts in chili production hubs in Central and East Java. The price of curly red chilies increased from Rp 14,500 (US$1.6) last week to Rp 16,000 on Thursday, while big red pepper prices increased from Rp 11,500 to Rp 13,000. The prices of small red peppers increased slightly from Rp 7,800 last week to Rp 8,000 on Thursday, while small green chili prices increased from Rp 6,800 to Rp 9,000. “The prices started to climb about five days ago,” Ani Widodo, a chili trader at Kramat Jati market in East Jakarta, said on Thursday.     

Indonesia to import rice from Pakistan, India

Sep 29, 2011

The Indonesian government sought to import rice from Vietnam, Pakistan and India after a halt of the negotiation with Thai government on rice import plan after it increased the commodity prices, Coordinating Minister for Economy Hatta Rajasa said here on Wednesday. Indonesia has signed deals with Vietnam and Thailand, which both are committed to sale one million ton of rice to Indonesia annually, after the new Thai government failed to fulfill its commitment, which was made with the previous government, as its plan to favor its farmers increased the prices for exports, according to the minister.     

Indonesia rejects egg imports from Malaysia

Sep 22, 2011

The Indonesian Ministry of Agriculture has recently rejected the proposal proposed by the chamber of commerce of Riau islands province to import eggs from Malaysia. One of the government’s considerations, based on the regulation number 18/2009 about livestock and animal health, is that animal derived food import is allowed if local production and supply can’t meet the demand. Until now the Indonesian Ministry of Agriculture just allows the importing of egg processed products such as egg powder, white egg powder and egg pulp which are not available in Indonesia. In that case, the government said that local production and with additional supply from North Sumatera could meet Riau islands province’s demand for eggs. The local demand is around 42.5 tonnes per day, while the local supply is around 7.5 tonnes per day and the shortage can be supplied from North Sumatera.     

Beef imports to be cut in 2011:Indonesia

Sep 16, 2011

The Agriculture Ministry has cut the volume of beef and cow innard imports by 30,000 tons and will reduce beef imports to 93,000 tons in 2011, Agriculture Minister Suswono said during a meeting with Commission IV lawmakers on Thursday. He added that although the number of cows has reached 14.8 million, the ministry would not drastically reduce the quota of beef imports because this would affect the market psychologically. He further said that the ministry had to guarantee the availability of cows for slaughter to meet the nation’s need for beef, which could top 430,000 tons, equivalent to 2.3 to 2.5 million cows per year.     

New rules on livestock imports: Indonesia

Sep 12, 2011

The Trade Ministry and Agriculture Ministry issued new regulations on imports of livestock and meat to improve import mechanisms and standards, an official said Wednesday. The regulations include one trade ministerial regulation on imports of livestock and meat and three agriculture ministerial regulations on technical requirements for imports — including health and hygiene standards. Trade Ministry director general for foreign trade Deddy Saleh said on Friday that the regulations would be fully effective in January. “We will begin implementing the regulations on Oct. 1, when livestock and meat importers are expected to start submitting applications for new import licenses,” he told reporters at his office.     

Govt will continue rice imports for price stability: Indonesia

Sep 08, 2011

State logistics agency Bulog says it will continue importing rice until the end of the year to maintain supplies during the dry season — a move meant to ease the pressure on rice prices. Bulog president director Sutarto Alimoeso said on Wednesday that the agency would receive 200,000 tons of rice from Vietnam in September and that 300,000 tons of rice would be ready for delivery from Thailand in October. “Rice imports will continue until this December,” he told reporters after a food security meeting at the Office of Coordinating Economic Minister. Bulog was “assessing” less expensive rice imports from Pakistan and India to minimize dependence on Vietnam and Thailand, he said. “We have got to seek the best quality for the best price.” Indonesia planned to import 800,000 tons of rice this year, including 500,000 tons from Vietnam and 300,000 tons from Thailand, to maintain a 1.5-million ton stock for market operations to stabilize prices, Sutarto said, adding that rice supplies would be enough for the next four to five months.     

Indonesia: More Pakistani rice and Indian rice needed

Aug 02, 2011

Indonesia is seeking to purchase more Pakistani rice and Indian rice so far. The head of Indonesia, Bulog claimed risks are easy to occur in gain production, especially in rice production. Though Thailand and Vietnam are big rice exporters, some other countries like Pakistan, India, Vietnam and Cambodia also have surplus rice for export. If Indonesia takes great effort to cooperate with these countries in rice purchase, rice risks may disappear.     

Indonesia One of World's Biggest Food Importers, Researcher Says

Jul 29, 2011

Indonesia, according to an analyst on agro-economics, has become one of the world's largest importers of basic food commodities, like rice, sugar, corn and wheat. Researcher and analyst Faisal Kasryno from Agro Ekonomi Indonesia pointed out on Monday that Indonesia has imported a string of basic food commodities and food products amid rising food commodity prices.     

Indonesia Seeks Indian Investment in Infrastructure and Food Sector

Jul 19, 2011

“Indonesia, world’s fourth largest market, offers huge business opportunities for India especially in the areas of infrastructure development of roads, ports, and food processing sector. Indonesia is not only about coal and natural resources, and hence, there are more diversified opportunities,” said His Excellency Lt. Gen (Retd.) Andi M Ghalib, Ambassador of the Republic of Indonesia, Embassy of Republic of Indonesia, New Delhi. He said hat steps are being taken to soon introduce direct flights from Garuda, the national airline of Indonesia, to connect major Indian cities in the southern region, including Chennai with Jakarta, Indonesia’s capital and tourist destinations like Bali.     

Imported Rice to Arrive in September – October : Indonesia

Jul 19, 2011

The Trade Ministry has estimated that imported rice will arrive this September – October, confirming that imports will be lower than last year’s 1.8 million tons. “We still hope for a good supply in the second and third plantation season,” domestic trade director-general Gunaryo said in Bogor yesterday. He said the imported rice would be used to support the State Logistics Agency’s (Bulog) supply. “We want the government to have enough reserves when needed,” he added. Trade Minister Mari Elka Pangestu said imported rice was needed to secure Bulog’s supply of two million tons. The supply is currently 1.6 million tons.     

Australia - Indonesia confirms plan to cut beef imports

Jul 11, 2011

Indonesia is likely to dramatically cut the number of cattle it sources from Australia despite the Gillard government's announcement of a plan paving the way for the live export trade to resume. The announcement from Agriculture Minister Joe Ludwig on Wednesday that the live trade could resume means Indonesia is now expected to maintain its 2011 import quota of 500,000 head of cattle. But the director-general of livestock with the Indonesian Ministry of Agriculture says his office, which provides advice on the number of import permits to be issued to Indonesian feedlots each quarter, would recommend a hefty cut in live cattle from Australia from next year.     

Indonesia increases imports of food and beverages from neighbours

Jul 08, 2011

Indonesia’s imports of food and beverage from Vietnam in the first half of this year increased by 43.14 per cent over the same period last year, according to a report from the Indonesian Food and Beverage Association. The report revealed that the country spent US$5.51 m on imports of food and beverage from Vietnam in the first six months of the year, thanks to the lifting of taxation following the regional free trade agreement between the ASEAN nations.     

Jakarta confirms plan to cut beef import

Jul 06, 2011

Indonesia has confirmed it will significantly cut the number of cattle it sources from Australia when it re-assesses its import quota for next year. The director general of livestock with the Ministry of Agriculture, Prabowo Caturroso, has said that Indonesia would still aim to import a total of 500,000 head of cattle in 2011, if and when Australia lifted the suspension on the live trade.     

Indonesia Bulog gets green-light to import more rice –officials

Jul 06, 2011

Indonesia's Bulog will be allowed to import more rice this year and is awaiting an import permit from the trade ministry, a senior official at the state procurement agency said. "It was a government decision to allow Bulog to import rice," said the official who declined to named. "But until now, we have not gotten an import permit from the trade ministry. "We still need to have an import permit from the trade ministry to realise the government decision." Bulog is analysing whether to import rice from Vietnam, Sutarto Alimoeso, Bulog CEO told Reuters in a text message response to the green-light given for more imports.     

Indonesia Looks Elsewhere for Beef After Aussie Ban

Jun 17, 2011

The government is exploring importing live cattle from other countries free of foot-and-mouth disease to ease the impact of Australia’s suspension of live cattle exports to Indonesia. “Coordination is still underway involving the Agriculture Ministry, Trade Ministry and the Coordinating Ministry for Economic Affairs. No concrete steps have been taken. In principle, we have agreed to find an alternative cattle supplier. It would be better if we had many cattle suppliers,” Trade Minister Mari Elka Pangestu said on Thursday.     

Rising Indonesia beef market must remain open

Jun 14, 2011

INDIAN buffaloes are one reason why the Australian cattle industry should fear its biggest offshore market will not fully recover after the Gillard government lifts its ban on live exports to Indonesia. Although India is little-recognised as a beef producer outside the trade, partly because of its Hindu majority's aversion to eating cows, its buffalo meat exports are a large and growing cheap supply of meat for South-East Asia.     

Dairy product prices expected to rise by up to 4 percent – Indonesia

Apr 28, 2011

Dairy producers have announced plans to increase the prices of milk products by between 2 and 4 percent this year.The increases are expected to be applied to all dairy products, including powdered milk, formula milk and fresh milk.Indonesian Milk Processing Industry Association (AIPS) executive director Syahlan Siregar said the prices of raw materials used in dairy products had also gone up recently.     

Govt scraps import duties temporarily - Indonesia

Apr 27, 2011

The government has temporarily scrapped import duties for 182 raw materials and capital goods to lower costs for local manufacturers, expecting to increase local product competitiveness amid flooding imports and a widening trade deficit with China, officials say on Tuesday. On the other hand, the government raised import duties for eight food items to 10 percent from 5 percent to “protect local downstream industries from an invasion of imports of such products”, Finance Ministry’s Fiscal Policy Office (BKF) acting chief Bambang Brodjonegoro said.     

RI insists on radiation-free certification of Japanese food products – Indonesia

Apr 27, 2011

Deputy Agriculture Minister Bayu Krisnamurthi said on Tuesday that the government would reject imports of Japanese food products if they were not certified as being radiation-free.“If there are food products that we cannot guarantee as radiation-free, we will not accept them,” he said at the state palace as quoted by Bayu said Indonesia would uphold the regulation in a bid to protect domestic consumers. Japan had previously refused to meet Indonesia’s request for radiation-free certification of Japanese products.     

Ministry mulls annulling soybean import duties – Indonesia

Apr 14, 2011

The Agriculture Ministry is considering proposing to the Trade Ministry the revocation of the free import duties policy for soybeans to protect local farmers.Agriculture Minister Suswono said the zero import duties currently imposed on soybeans caused the lower prices of imported soybeans than those locally produced, so as planting soybeans no longer appealed to local farmers. “If the prices fall, of course I will propose to the Trade Ministry that it re-impose import duties,” Suswono said Wednesday as quoted by Agriculture Ministry is targeting a local soybean production of 1.56 millions tons this year. It also wants Indonesia to fully supply its own soybeans by 2014.     

Government’s Increase of Beef Quota News to the Importers

Apr 12, 2011

Confusion over Indonesia’s beef imports continued despite the Agriculture Ministry raising its import quota last week. The ministry said on Wednesday that it had lifted the quota of imported beef from 50,000 tons to 72,000 tons. However, neither the Indonesian Meat Importers Association (Aspidi) nor the National Meat Processors Association (Nampa) said they had not gotten word as of Monday. Aspidi chairman Thomas Sembiring said he had yet to receive official notice of the quota increase. He also confirmed that none of the association’s members were allowed any extra imports.     

Minister Restricts Meat Imports – Indonesia

Apr 08, 2011

The Agriculture Ministry will optimize supplies from local farmers to meet domestic meat demand. The government will cut meat imports to one fourth of the national need. “If possible, we should be self-sufficient in meat,” said Agriculture Minister Suswono yesterday. In 2011, the ministry has projected meat imports up to 72,000 tons. So far, 26,000 tons have arrived. Suswono said the ministry would prevent meat imports from exceeding the quota and upsetting the supply. “We will evaluate it every three months. We hope the local supply continues to grow so we can reduce imports,” he said.     

Asia Grains-Indonesia steps up corn imports from India

Mar 28, 2011

Indonesia has stepped up corn imports from India after snapping up a major deal with New Delhi early this week, while Sri Lanka and Nepal are likely to place orders for Indian cargoes. Traders said Indonesia, trying to secure supplies of some essential food products, has bought an additional 200,000 tonnes of Indian corn after striking a deal to buy 100,000 tonnes in its biggest import contracts with New Delhi in at least two years.     

Beef supply in Indonesia set to dry up

Mar 24, 2011

The Indonesian government has been criticised over a decision to uphold import restrictions on beef products, most of which come from Australia, amid warnings supplies on supermarket shelves will dry up by next month.The Indonesian Ministry of Agriculture earlier this month confirmed it would again impose import restrictions on boxed meat products and live cattle, as part of a policy aimed at making the domestic industry self-sufficient by 2014.     

Government ‘Too Hasty’ Trimming Beef Imports

Mar 23, 2011

Beef may become increasingly scarce next month as the government rushes its efforts to reach self-sufficiency, the Indonesian Meat Importers Association said on Tuesday. In February last year, the Agriculture Ministry instituted a program to make Indonesia self-sufficient in beef by 2014. As part of the effort, the government dramatically cut this year’s quota for beef imports to 50,000 tons, after the country shipped in 120,000 tons in 2010.     

Indonesia to supply 30 pct of Singapore's vegetable needs

Mar 07, 2011

Indonesian Farming Minister Suswono said on Wednesday that the government has set a target to supply 30 percent of Singapore vegetable needs. "This is our target until 2014," the minister said in his visit in a farming plantation located Tanah Karo regency, North Sumatra province.     

Indonesia to begin agriculture cooperation program with Iran

Feb 25, 2011

After Uruguay recently sent a delegation to Iran to negotiate agricultural trade and technology agreements, another Southern Hemisphere country is about to embark on an agricultural cooperation program with the heavily-sanctioned nation. Indonesia is on the verge of implementing a Memorandum of Understanding (MoU) signed with the Iranian government in 2008, which will involve the exchange of agricultural information, experts, training and promotion, according to     

Indonesia to Suspend Food Import Duties

Feb 01, 2011

Indonesia will suspend import duties on wheat, soybeans, fertilizer and other food-related items for the rest of the year, escalating its fight against soaring food prices that have driven up inflation in Southeast Asia's biggest economy and other countries in the region. It's the latest move by Jakarta to contain inflation, which is turning into a serious political headache for the government and has shaken confidence of foreign investors who are among the largest holders of Indonesian government bonds.     

Trade target set at $25 b with Indonesia

Jan 27, 2011

India and Indonesia, seeking to take their partnership to the next level, have agreed to begin negotiations for concluding a Comprehensive Economic Cooperation Agreement (CECA) and set a bilateral trade target of $25 billion by 2015 against $11 billion last fiscal.     

Indonesian govt warned against relying on rice imports

Jan 21, 2011

The government has been warned against relying on rice imports to stabilize rice prices in the domestic market, with global natural disasters and weather conditions forcing exporting countries to halt rice exports. Winang Budoyo, economist at PT Bank CIMB Niaga, the country’s fifth largest lender by assets, said on Thursday that Indonesia should strengthen its domestic rice supply instead.     

Indonesia issues permits to import 2.43 mln T raw sugar 

Jan 18, 2011

Indonesia, Southeast Asia's largest sugar consumer, has issued permits to import 2.43 million tonnes of raw sugar for 2011, an increase of 5 percent from 2010, Faiz Ahmad, director of food industry at the industry ministry said on Monday.     

Indonesia eyes U.S. wheat over concern at Australian supplies

Jan 14, 2011

United States wheat exporters are seeing rising interest from Indonesia as importers look for alternative suppliers to flood-hit Australia, with negotiations expected to intensify in coming weeks, an industry official said on Thursday. Indonesia relies entirely on imports for its wheat, and consumption is expected to rise between 5-10 percent to around 5.2 million tons this year, local milling officials say. Australia traditionally provides over half that, but the wheat industry there suffered a fresh setback from the country's floods disaster on Wednesday with a key grain port shutting down overnight, further restricting exports.     

Indonesia 2010 Cocoa Exports Rise 2.1% as Rain Damps Output

Jan 06, 2011

Cocoa bean exports from Indonesia’s main growing region of Sulawesi island increased 2.1 percent last year as a longer-than-normal rainy season disrupted harvests, the Indonesian Cocoa Association said. Shipments from the world’s third biggest producer of the chocolate ingredient rose to 280,708 metric tons in 2010 from 274,887 metric tons in 2009, according to data released by the association today.     

Malaysia, Indonesia eye March wheat

Dec 27, 2010

Indonesia is likely to be in the market for some 100,000 tonnes of wheat for March shipment, while Malaysia is expected buy around 60,000 to 80,000 tonnes early January when traders and millers return from the year-end break. India, which sold around 10,000 tonnes of soybean meal to Vietnam in holiday-thinned trading this week, is likely to corner more deals on competitive offers, regional traders said. "Most mills in Asia are covered until March, but Malaysia and Indonesia are still open form some cargoes," said one trader with an international trading firm in Singapore. "I think they are going to buy as soon as they come back because prices are going up." US-origin dark northern spring (DNS) wheat with 13 percent protein content was quoted around $450 a tonne, including cost and freight, in Asia this week, while the same variety with 13-1/2 percent protein level is being offered at $470 a tonne. US soft white wheat is selling around $365 a tonne, with prices of all varieties of US wheat having climbed $15-$20 in the last 10 days.     

Indonesia to import another 250,000 tons of rice

Dec 03, 2010

Indonesia will import more than 250,000 tons of rice in order to maintain food security in the country, Coordinating Economic Minister Hatta Rajasa said at the opening of the Indonesian Palm Oil Conference and Outlook Price 2011 in Bali on Thursday. When asked if rice would be imported from Thailand, Hatta confirmed that it would. “Yes, there will be more 250,000 tons more (imported rice). Please ask the State Logistics Agency (Bulog) for details,” Hatta said as quoted by Coordinating Economic Deputy Minister for Agriculture and Maritime Affairs Diah Maulida said the additional imported rice would supplement the initial 600,000 tons previously imported. She said the Thai rice was of premium quality and therefore had a higher price. Diah said if the rice could be imported by the end of the year, the total rice imports would reach 850,000 tons.     

Indonesian wheat stocks hit by Russian export ban

Nov 09, 2010

Following are selected highlights from a report issued by a US Department of Agriculture attache in Indonesia: "Indonesian Wheat Flour Mills Association reported that the sharp decline of Russian wheat production followed by a ban on wheat exports, combined with possible lower wheat production in Canada and Australia, are straining Indonesian supplies of wheat and wheat flour. Turkey, which has long been a source of relatively cheap wheat flour for Indonesia, has stopped exporting wheat flour in order to secure its own domestic needs. In MY 2008/09, around 500,000 tons of wheat flour in Indonesia was imported, with Turkey accounting for the largest market share (53 percent), followed by Belgium (15 percent), Sri Lanka (15 percent) and Australia (14 percent). The void left by Turkish wheat flour provides potential for increased US wheat exports to Indonesia. Post will continue monitoring the market before making any adjustment to the wheat PSD. The decline of lower priced wheat flour imports, tight supplies of wheat in the international market, and high demand of wheat flour especially during the Ramadhan and the Eid Il Fitri holidays have resulted in increased prices of wheat flour and processed wheat-based products.     

Extreme weather forces Indonesia to import rice

Oct 18, 2010

Indonesia will be forced to import rice in bulk and reduce exports of other commodities after extreme weather harmed agriculture over the past few months, officials said Friday.Crop yields -- especially rice -- were harmed when the La Nina phenomenon significantly reduced the dry season period between April and September, said Indonesian Farmers Association secretary general Benny Pasaribu."La Nina played a big role in decreasing agricultural output. It has caused flooding across Indonesia that also reduced production of some crops," he said."If this condition persists, then crop output could sink further," he added.La Nina is a weather pattern that leads to stronger monsoons, greater rainfall and hurricanes in the Pacific basin."Growth in rice production has reached only two percent this year compared to 6.7 percent in 2009,"said state logistics agency head Sutarto Alimoeso."In order to maintain the stockpile of rice, the agency will import rice from Thailand and Vietnam," he added.     

Indonesia gives official blessing to Canadian wheat

Oct 18, 2010

Indonesia, a major international buyer of Prairie wheat, has given Canadian grown crops its official blessing, eliminating the need for costly testing at Indonesian ports.The move gives Canada preferred status in a market worth more than $300 million a year to Prairie wheat farmers, and effectively recognizes the superior quality-control systems for grain exported from Canada, according to the Winnipeg-based Canadian Wheat Board.Federal Agriculture Minister Gerry Ritz, who led a trade mission to Indonesia earlier this week, announced the achievement today.     

Thailand sells 200,000T rice to Indonesia’s Bulog

Oct 07, 2010

Thailand, the world’s biggest rice exporter, has sold 200,000 tonnes of rice to Indonesia’s state procurement body, Bulog, from government stocks, Thai industry and government officials said on Wednesday. “The deal for 200,000 tonnes has been sealed and shipment should start in December, and they are now talking about another possible deal of around 300,000 tonnes,” said a Bangkok-based trader. A government official, who declined to be named, said it was possible the second deal could be for more than 300,000 tonnes.     

Indonesia Can be a good business opportunity for Indian meat exoportes as Australian beef has been banned by Indonesia

Aug 10, 2010

The Department of Foreign Affairs and Trade says it's concerned about Indonesia's decision to restrict imports of Australian boxed beef and live cattle exports. Indonesia has dramatically slashed the amount of product it will import, saying it wants Indonesian farmers to become self sufficient and develop their own industry. The Department says embassy officials in Jakarta continue to talk to the Indonesian Government about Australia's ability to supply "quality, disease-free cattle and boxed beef.     

INDONESIA – Export of Indonesia’s poultry processed products to European countries is hindered by A/H1N1 virus issue, an official said here on Monday

Jun 30, 2010

Don P. Utoyo, coordinator of Indonesian Poultry Society Forum, told reporters that lobby of government-to-government (G-to-G) is required as Indonesian poultry processed products are safe to be consumed as they are “well-cooked”. “I am sure the G-to-G mechanism will succeed to pass through the obstruction,” Mr Utoyo said. Indonesian poultry producers are focusing to export their products to the Association of Southeast Asia Nations (ASEAN), Asia-Pacific countries as well as the United States, he said. He said that Indonesia could imitate Malaysia that is successful in making a specific system so that the country could declare itself as free of the virus. According to Mr Utoyo, ASEAN countries have similar food taste and Indonesia should take advantage of its flavor that is better compared to other countries. He said that cooperation between all stakeholders consisting on government, researcher, business sector, the press and public is very important to encourage the sector to export its products. Desyanto Budi Utomo, chairman of Indonesian Poultry Society, said that foreign countries should not be doubt of safety on Indonesian poultry processed food.