Indonesia ramping up grain production


Trying times: A woman shops for food at a market in Jakarta. The war in Ukraine has made problems like inflation much worse for Indonesia with soaring food and energy prices. — AP

JAKARTA: Indonesia, a resource-rich country but also one of the world’s top importers of wheat and sugar, is boosting production of staple crops as the Covid-19 pandemic and war in Ukraine expose risks in its food supply chain.Already the biggest palm oil producer, the South-East Asian nation is trying to increase output of corn and wheat substitutes like sorghum, sago and cassava.

The move is fuelled by worldwide labour shortages, soaring energy costs and Russia’s invasion of Ukraine, which propelled global food prices to records.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Britain joins trans-Pacific pact in biggest post-Brexit trade deal
Choosing between unbuilt homes and sub-sale units
Malaysia in the lead
When a tenant refuses to leave
Eco World redesignates Leong Kok Wah as non-independent, non-executive director
Ringgit seen trading in cautious mode ahead of US rate decision next week
Oil settles at 3-week high as more Russia sanctions loom
Local market treads water
Governance challenges continue at TMC Life after CEO’s removal
Estates of late tycoons spark M&A interest

Others Also Read