Indonesia: Jokowi calls bread and noodle prices can rise

Published Jul 7, 2022

Tridge summary

The Russo-Ukrainian war is causing a food crisis, specifically affecting the production and distribution of wheat, as Russia and Ukraine are the world's largest wheat producers. President Joko Widodo of Indonesia, a importer of wheat from these countries, has warned of potential price increases in wheat-derived products. During a recent visit to Ukraine and Russia, Jokowi asked about their wheat stock levels, with Ukraine having 77 million tons and Russia 130 million tons.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - The Russo-Ukrainian war has caused a food crisis that is felt by a number of countries. The war has indeed disrupted the production and distribution of various commodities. One of them is wheat commodity. Understandably, Russia and Ukraine are the world's largest wheat producing countries around 30-40%. This situation will also cause wheat-derived products to increase. President Joko Widodo (Jokowi) said that Indonesia had been one of a number of countries that imported wheat from Russia and Ukraine. Jokowi said the shortage of wheat would make prices soar. "We import a lot of wheat. Be careful if you like bread, eat noodles. The price could go up," said Jokowi at the 29th National Family Day Peak event in Medan, Thursday (7/7/2022). Last week, Jokowi visited Ukraine and Russia. Jokowi met directly with President Volodymyr Zelensky and President Vladimir Putin. On that occasion, Jokowi said that he had asked the two state leaders directly about their ...

Source: Cnbcindonesia