Indonesia ramps up grain production to improve food security

Published 2022년 8월 20일

Tridge summary

Indonesia, a major importer of wheat and sugar, is strategically increasing the production of its staple crops such as corn, wheat alternatives like sorghum, sago, and cassava, and staple food, rice, in response to the global disruptions caused by the Covid-19 pandemic and the ongoing war in Ukraine. This move is aimed at mitigating the risks to its food supply chain and enhancing food security, especially with high global food prices due to labor shortages, increased energy costs, and the conflict in Ukraine. President Joko Widodo has directed the Cabinet to develop a plan to expand planting areas by at least 300% by 2024, focusing on self-sufficiency in rice and corn. The country also intends to stop importing corn within the next three years and build up state reserves to stabilize prices. Additionally, the government is prioritizing the distribution of subsidized fertilizers for nine food crops to safeguard their production.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Aug 20): Indonesia, a resource-rich country but also one of the world’s top importers of wheat and sugar, is boosting production of staple crops as the Covid-19 pandemic and war in Ukraine exposed risks in its food supply chain. Already the biggest palm oil producer, the Southeast Asian nation is trying to increase output of corn and wheat substitutes like sorghum, sago and cassava. The move is fuelled by worldwide labour shortages, soaring energy costs and Russia’s invasion of Ukraine, which propelled global food prices to records. Food security is a key priority for President Joko Widodo, popularly known as Jokowi, who is set to host a Group of 20 leaders summit in November. This year, Indonesia has faced inflationary pressure from surging edible oil prices, prompting the government to ban palm oil exports temporarily in one of biggest acts of food protectionism globally since the war erupted in Ukraine. Here are the ways Indonesia is seeking to boost agricultural production: ...

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