Indonesia: Corn prices drop again, Jokowi asks 2 Ministers to do this

게시됨 2024년 5월 2일

Tridge 요약

President Joko Widodo of Indonesia is pushing for the development of an integrated industry near corn farming areas to help stabilize corn prices and make better use of excess harvest. The current surplus has led to a drop in corn prices for farmers. Jokowi suggests processing crops directly in their locations to reduce transportation costs, and is advocating for downstreaming activities such as the production of animal feed, corn oil, and corn cooking oil to help stabilize prices and provide more value to farmers. This approach is particularly important in areas where corn harvest is plentiful, including Sumbawa Regency, Dompu, and Gorontalo Province.
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원본 콘텐츠

Jakarta, CNBC Indonesia - President Joko Widodo (Jokowi) hopes that an integrated industry will be built close to corn farming areas. So that corn price stabilization can be done more easily if there is a large harvest. Jokowi explained that the current condition of the corn harvest is experiencing excess supply, which has caused the price of corn at the farmer level to fall to IDR 4,200 per kilogram from the previous price of IDR 7,000 per kilogram. "This is what I said earlier with the Minister of Agriculture, with the Minister of Trade, indeed the industry must approach the existing corn fields, so that it can be (made) as animal feed, corn oil, all of that is called downstreaming, corn cooking oil, "downstreaming, this is what we will continue to encourage so that prices can be more stable. If there is industry, prices will be more stable," said Jokowi when checking the corn harvest in Sumbawa Regency, West Nusa Tenggara, Thursday (2/5/2024). Jokowi sees that crops outside ...

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