Indonesia: Indonesia Grain and Feed Update
Post lowers its MY2014/15 Indonesian rice production estimate to 35.56 MMT from the previous estimate of 35.76 MMT milled rice equivalent based on a larger estimate of losses related to the ongoing El Nino event. MY 2014/15 Indonesian rice imports estimates are lowered to 1.35 MMT of milled rice equivalent from the previous estimate of 1.4 MMT due to lower imports of specialty rice and lower rice import realization by Indonesian national logistics agency (BULOG). Post revises MY 2014/15 Indonesian corn exports to 150,000 MT due to higher export realization from West Nusa Tenggara to the Philippines.
