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The signature campaign promise of the newly sworn-in Prabowo administration, the Free Nutritious Meals Program, will be a large driver of increased demand over the next five years as the program aims to provide milk to over 82 million beneficiaries daily by 2029.
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.
Although Indonesian dairy production is still reeling from the 2022 Foot and Mouth Disease (FMD) outbreak, imports of dairy ingredients are expected to decline in 2023.
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.
In the past year, meat and milk prices have skyrocketed due to a variety of factors, among which are insufficient cattle inventories, high input costs, semi-effective government policies, and limitations on importing meat and live animals.
The outbreak of Foot and Mouth Disease (FMD) has significantly disrupted Indonesia’s fresh milk production, which dropped 35 percent compared with the previous years’ production. The decline in domestic fresh milk production has been offset by a significant increase in imported whole milk powder. A rebound of the food service sector industry is expected to support a modest increase in the trade of dairy ingredients in 2022 and 2023.
Many Turkish cattle farmers are struggling to make ends meet because input costs, especially feed, are increasing at a faster pace than farmgate prices for carcass meat and milk. As a result, many farmers are cutting their losses and sending their animals to slaughter earlier than normal. This trend is expected to continue into 2023 as economic conditions in the country remain bleak.