Indonesia: Grain and Feed Annual
Post expects marketing year (MY) 2015/16 Indonesian wheat imports to increase by 1.6 percent to 7.6 million metric tons (MMT), compared to 7.478 MMT in MY 2014/15. Post also estimates MY 2015/16 Indonesian corn production to increase to 9.4 MMT compared to 9 MMT in MY 2014/15 due to corn planted area increasing at the expense of paddy plantings. Despite higher corn demand by domestic feed mills, current import restrictions will reduce MY 2015/16 Indonesian corn imports to 3 MMT compared to 3.381 MMT in MY 2014/15. Post estimates that MY 2015/16 Indonesian rice imports will increase to 2 MMT compared to 1.35 MMT in MY 2014/15, due to anticipated stagnant production and imports carried over from last year.
