Indonesia: Grain and Feed Update
Based on industry data, Post revises marketing year (MY) 2012/13 Indonesian wheat consumption to 6.8 million metric tons (MMT) of wheat equivalent. MY 2013/14 and MY 2014/15 Indonesian wheat consumption is estimated to further increase to 7.1 and 7.3 MMT of wheat equivalent, respectively. Wet dry season during the May - August 2014 period led to higher MY 2013/14 Indonesian rice and corn production. Post revises the estimate of MY 2013/14 Indonesian rice production to slightly increase to 36.3 MMT of milled rice equivalent. Post corn estimates remain unchanged