at total Indonesian wheat imports will grow from 7.146 MMT in MY 2012/13 to 7.2 MMT in MY 2013/14 (less than one per cent).Slow import growth is due to tight competition between domestic flour mills, which has lowered domestic milling output to about 70 per cent of capacity.
Post expects that US-origin wheat exports to Indonesia will increase to 600,000 MT in MY 2013/14.
Competition with Australian wheat exports remains strong due to close proximity and competitive Australian prices.
Post revised Indonesian MY 2013/14 corn production from 9.2 MMT to 9.1 MMT. The decline resulted from the recent explosion of Mount Sinabung in North Sumatera, which caused harvest losses and lowered MY 2013/14 harvested area.
Given the robust expansion of feed mills, higher corn imports will be necessary. Post estimates that MY 2013/14 Indonesian corn imports will reach 3.1 MMT, a substantial increase from the previous estimate of 2.2 MMT.
Post revised Indonesian MY 2013/14 corn production from 9.2 MMT to 9.1 MMT. The decline resulted from the recent explosion of Mount Sinabung in North Sumatera, which caused harvest losses and lowered MY 2013/14 harvested area.
Given the robust expansion of feed mills, higher corn imports will be necessary. Post estimates that MY 2013/14 Indonesian corn imports will reach 3.1 MMT, a substantial increase from the previous estimate of 2.2 MMT.
