Indonesia: Grain and Feed Update

  |   Attaché Report (GAIN)   |   ID2022-0019

Wheat imports for 2021/22 are revised upward to 11.2 million metric tons (MMT) from the previous estimate of 11.0 MMT, reflecting recovering demand for flour-based foods. In line with increased imports, food, seed, and industry (FSI) wheat consumption is also revised up 2.2 percent to 9.1 MMT of wheat equivalent. Corn production for 2021/22 is estimated to increase to 12.8 MMT on higher yield from larger use of hybrid seed and less incident of pest and disease. Based on updated data, 2021/22 rice imports is revised down to 500,000 MT compared to the previous estimate of 750,000 MT.

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Indonesia: Grain and Feed Update

Market uncertainty and price volatility in international markets led to flour mills importing more wheat in 2021/22 to hold them over in case of future shortages. Therefore, Post revises 2021/22 wheat imports to 11.3 MMT, up 12 percent from its previous estimate of 10.7 MMT.