In order to provide agricultural market intelligence, insight, and analysis of interest to exporters of U.S. agriculture, USDA Indonesia generates 21 scheduled public Global Agricultural Information Network (GAIN) reports annually.
Besides the scheduled GAIN reports, USDA Indonesia may also generates time-critical public voluntary GAIN reports regarding important policy or market changes that is not covered by the scheduled GAIN reports.
ID2023-0005 – Published on March 20, 2023
Indonesia palm oil production for 2023/24 is forecast at 46 million metric tons (MMT), an increase of 3 percent from the previous year. Weather agencies are forecasting a developing El Nino weather pattern in the second half of 2023 that might bring on severe dryness. Soybean imports are expected to rise to 2.65 MMT for 2023/24 on continued rising demand from the soy-based food industry.
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