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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.
Indonesia palm oil production for 2023/24 is forecast at 46 million metric tons (MMT), an increase of 3 percent from the previous year.
Despite policy challenges, opportunities exist for U.S. exporters to serve Indonesia's urbanizing population and growing food processing industry.