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Driven mainly by higher demand from feed mills, higher consumption of flour-based food during the consecutive religious festivities and general election, as well as demand for alternative staples cheaper than rice and trending flour-based foods, Indonesian wheat imports in 2023/24 are estimated to break record levels at 12.6 million metric tons (MMT).

Zimbabwe’s production of its staple crop, corn, is expected to drop by almost 60 percent in marketing year 2024/25 due to extreme drought conditions associated with the El Niño weather phenomenon.

The Red Sea conflict is not expected to pose significant threats to Indonesian grain imports. Driven by demand from the recent general elections, as well as high local corn prices, imports of wheat for food and feed consumption are estimated to...

Economic slowdowns in Indonesia’s export destination countries negatively affected its imports and consumption of wheat. Wheat imports for 2022/23 are revised down to 9.446 million metric tons (MMT) from the previous estimate of 9.526 MMT, reflecting...

The El Nino climate pattern is expected to reduce Indonesia's 2022/23 rice and corn production. Post estimates Indonesia's 2022/23 corn production to decline to 12.3 million metric tons (MMT) compared to the previous estimate of 12.9 MMT.

On, September 26, 2023, the Government of Indonesia (GOI) announced it will authorize the importation of an additional 2 million metric tons (MMT) of rice to offset rice production shortfalls and bring down rice prices. BULOG, a state-owned logistics company, reported its 2022/23 ending stocks risk falling below food security levels.

Economic slowdowns in Indonesia’s export destination countries curbed Indonesia’s imports and consumption of wheat.

Zimbabwe’s corn crop for marketing year 2023/24 is estimated at 1.5 million metric tons. This represents an increase of five percent from the previous marketing year’s crop, mainly due to a normal rainfall season in the northern parts of the country.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

This report modifies the rice consumption, trade, and stocks analysis of the 2023 Grain and Feed Annual for Indonesia in light of new official information.

High commodity prices in the international market during the last term of 2022 are expected to impede the growth of 2022/23 Indonesian wheat imports and curb the use of wheat in feed formulation.