Indonesia: Grain and Feed Annual
Corn production is expected to reach 13.3 million tons in 2019/20, as Government incentives to expand production in non-traditional regions continue to yield results. Despite higher corn production, local demand from the feed sector will continue to outpace supply. Price and improved quality have allowed Black Sea wheat to expand beyond the feed sector, capturing market share from higher priced Australian wheat. Abundant government-held rice stocks reduces the likelihood of imports.
