Indonesia: Oilseeds and Products Update

  |   Attaché Report (GAIN)   |   ID2023-0028

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Office of Agricultural Affairs, Jakarta   |   (011-62-21) 3435-9161

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Indonesia: Oilseeds and Products Update
Indonesia palm oil production for 2023/24 is revised down slightly to 45.8 million metric tons (MMT) due to lower yields from El Nino-induced dryness. Soybean consumption for 2022/23 is revised down on slower demand from the food sector. Reduced use of soybean meal in 2022/23 is driven by weak feed mill performance, mainly on higher production costs.
East Asia and the Pacific, Indonesia
Oilseeds, Soybean Meal, Soybeans

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