Indonesia: Grain and Feed Annual

Larger harvested area and improved economic conditions are expected to increase corn production in 2021/22 to 12.0 million tons. Higher poultry consumption and comparatively lower prices for local corn are expected to increase corn consumption for feed production and lower demand for imported wheat in the feed sector. The Government of Indonesia (GOI) has announced intentions to import 1 million tons of rice in 2021 to maintain sufficient stock levels and stable prices.