Indonesia: Grain and Feed Annual
Post expects marketing year (MY) 2014/15 Indonesian wheat imports to increase by 4.2 percent to 7.7 million metric tons (MMT), compared to 7.392 MMT in MY 2013/14. Post also revised its MY 2014/15 Indonesian corn import upwards to 3.5 MMT, despite an expected increase in Indonesian corn production. Increased corn import estimates are based on expected feed production increases in calendar year (CY) 2015. Post estimates that MY 2014/15 Indonesian rice imports will increase marginally to 1.25 MT compared to MY 2013/14 of 1.225 MMT, based on expected higher production due to Indonesia’s self-sufficiency policy.