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2 clusters · 4 sources · 5 days · First seen · Last updated

Indonesia soybean production and import dependency

Overview

Indonesia is experiencing a significant soybean production gap, with national demand estimated between 2.6 and 2.9 million tons. Domestic production is projected to reach only 300,000 to 350,000 tons in 2025, necessitating approximately 2.56 million tons of imports. Data indicates that roughly 90 percent of these imports originate from the United States.

In response to this dependency, Indonesian officials have called for government intervention to protect local farmers and increase national productivity. Proposed strategies to achieve a soybean surplus include providing at least 1 million hectares of cultivation land, developing superior seeds, and increasing yields from the current 1.6 tons per hectare to a target of 3 to 4 tons per hectare.

Entities

United States · US Soybean Export Council · Pakistan · Rizwan Saeed Sheikh · Indonesia

Timeline

  1. 7 days ago

    [BUSINESS] 2 sources
    Indonesia soybean imports reach 2.56 million tons amid production gap

    Indonesia relies heavily on soybean imports, with 90 percent coming from the US, as domestic production meets only a fraction of the 2.6-2.9 million ton national demand.

  2. 12 days ago

    [BUSINESS] 2 sources
    Pakistan soybean imports from US exceed one million tons annually

    Pakistan's annual US soybean imports have exceeded one million metric tons, marking a significant growth in agricultural trade and economic cooperation between Pakistan and the United States.

Sources

arabnews.pk · dailytimes.com.pk · halosemarang.id · suarainvestor.com