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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.
The world’s major meteorological organizations have issued alerts about the increasing probability of an El Niño event. Sea-surface temperatures (SST) from March through May have begun to rise in the eastern and central Pacific ocean. In early June...