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Indonesia may import up to 200,000 T of corn this year

Wed Feb 05 2020


Indonesia may import up to 200,000 tonnes of corn this year for use in animal feed, Budi Waseso, chief executive of state food procurement agency Bulog, told reporters on Wednesday.


“Corn prices are increasing, so we have to intervene," Waseso said.


He said the chicken feed group has asked for around 200,000 tonnes of additional corn supply, but the government has not decided on the size or timing of the import yet.


Indonesia's farm minister expects 30.35 million tonnes of corn production in 2020, compared to an estimated 25.8 million tonnes in 2019.


Source: Reuters

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