Wednesday 2 November 2011

Rice output lower than expected for Indonesia

Unmilled rice production in Indonesia was 3.9 percent lower than expected at 65.39 million tons in 2011. The rice forecast for this year was below the previous expectation in July of 68.06 million tonnes in 2011, and is down also from the 66 million tonnes last year. Last week, the Indonesian trade minister said flood-hit Thailand may not be able to meet its rice export commitments to Indonesia. Indonesia is struggling to increase soybean production to stop its reliance on imported grains and aims to scrap imports by 2014, but domestic output has not increased significantly because of land constraints and low productivity. Read more ...
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