The price of instant noodles will increase in Indonesia
Wheat
Indonesia
Published Aug 11, 2022
Tridge summary
Minister of Agriculture (Mentan) Syahrul Yasin Limpo said, due to the Russia-Ukraine war, 180 million tons of wheat could not be exported to the world market. The Minister of Agriculture also warned of the impact on Indonesia, including the price of instant noodles. "I'm talking about extremes, there is wheat but the price is very expensive. Meanwhile, we continue to import it," Syahrul said in a webinar, quoted Thursday (11/8/2022). Data from the US Department of Agriculture (USDA) shows that Indonesia is the world's largest wheat importer, surpassing Egypt. Wheat is a grain crop that produces wheat flour. In the marketing year period July-April 2021/2022, the sources of supply of imported Indonesian wheat are mainly from Australia (33.1%), Ukraine (28.7%), Argentina (13.4%), Canada (11.3%), and the US (1.4%). Along with the movement of economic activity, Indonesia's wheat imports in 2022/2023 are predicted to increase to 11.5 million tons.
Original content
Jakarta, CNBC Indonesia - Minister of Agriculture (Mentan) Syahrul Yasin Limpo said, due to the Russia-Ukraine war, 180 million tons of wheat could not be exported to the world market. The Minister of Agriculture also warned of the impact on Indonesia, including the price of instant noodles. "I'm talking about extremes, there is wheat but the price is very expensive. Meanwhile, we continue to import it," Syahrul said in a webinar, quoted Thursday (11/8/2022). Data from the US Department of Agriculture (USDA) shows that Indonesia is the world's largest wheat importer, surpassing Egypt. Wheat is a grain crop that produces wheat flour. In the marketing year period July-April 2021/2022, the sources of supply of imported Indonesian wheat are mainly from Australia (33.1%), Ukraine (28.7%), Argentina (13.4%), Canada (11.3%). %), and the US (1.4%). Along with the movement of economic activity, Indonesia's wheat imports in 2022/2023 are predicted to increase to 11.5 million tons. ...
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