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[BUSINESS] · Indonesia · 5 sources

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North Sumatra reports rice surplus and rising palm oil prices

North Sumatra has recorded a rice surplus of 27,633 tons as of October 2026. According to Fariz Haholongan Hutagalung, Head of the North Sumatra Agriculture and Food Security Office, regional production reached approximately 144,066 tons, exceeding the local consumption requirement of 116,433 tons.

Other agricultural commodities in the province also showed strong production levels. Red chili production reached 14,213 tons against a need of 9,855 tons, while bird's eye chili production stood at 7,594 tons against a requirement of 3,712 tons. The livestock sector also reported surpluses in beef, broiler chicken meat, and eggs.

In the palm oil sector, the price of Fresh Fruit Bunches (TBS) for plasma partner farmers in North Sumatra increased for the period of October 21–27, 2026. For plants aged 10–20 years, the price rose by Rp70.23 per kilogram to Rp3,740.41. The price determination was based on a crude palm oil (CPO) reference price of Rp15,111.29 per kilogram.

Entities

Fariz Haholongan Hutagalung · North Sumatra · North Sumatra Agriculture and Food Security Office