:. Food Industry News


Indonesia Revises 2008 Rice Output Up Again

Source: Reuters
03/11/2008

Jakarta, Nov 3 - Indonesian rice production this year is likely to be higher than earlier estimates, according to a new government forecast on Monday, cutting the prospect of any need for imports.

Daily News Alerts

In its third of three annual crop estimate, Indonesia said it expected to produce 60.28 million tonnes of unmilled grains this year, or up 0.66 percent from the second forecast of 59.88 million tonnes made in July.

The forecast marked an increase of 5.5 percent from 57.16 million tonnes in 2007.

"Rice output has increased because of lower harvest failures," Rusman Heriawan, the head of the state statistics agency, told reporters, adding that the actual acreage had not increased.

Indonesia, the world's fourth most populous nation, normally imports some rice but officials have said it may not need to this year as production should be sufficient to meet domestic demand.

Attempts by authorities in Southeast Asia's biggest economy to increase rice production, the main staple for its 226 milion people, have been hampered by a lack of good quality seeds and sufficient fertiliser and intense competition for land.

The country's corn output is expected to rise by 13.9 percent to 15.86 million tonnes this year, compared with 13.29 million tonnes in 2007. The figure also represents a 6.8 percent increase from the second forecast of 14.85 million tonnes made in July.

Soybean output is forecast to reach 761,210 tonnes this year, up 28.4 percent from 592,530 tonnes in 2007. The figure was also up 5.2 percent from the second forecast of 723,540 tonnes in July.



GO   View more articles on this subject


More Alerts from 03/11/2008


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Indonesia Government Says to Export Rice in 2009
Indonesia Says Food Stocks to Ease Inflation Pressure
Indonesia Says Saudi BinLadin Group to Invest USD 4.3...
Saudi Arabian Investors Eye Indonesian Land for Rice...
Indonesia Sets Aside 1 Mln Hectares for Rice Paddy
Indonesia to Triple Rice Seed Budget to Lift Output
Indonesia Raises Domestic Rice Prices to Help Farmers...
Indonesia Government Approves Domestic Rice Price Increase...
Indonesia's Big Rice Crop Eases Supply Pinch (DJ)
Indonesia Bans Rice Exports to Ensure Domestic Supply...

More in Food Industry News
EU Clears France's Diester to Buy Belgium's Oleon
Wal-Mart Dec Sales Disappoint, Cuts Forecast
Dollar Extends Losses vs Yen After Wal-Mart Sales
Campbell Soup Company Makes the Grade by Further Reducing...
USA: YoCream Announces Record Fiscal Year Sales and...
Inter Weichert Appeals against EU Commission Banana...
Opening of First U.S. Food and Drug Administration...
Upbeat Sainsbury Estimates it will Create up to 4,000...
Rwanda Expects Leap in Coffee Output, Income
Austria Retail Food Sector Annual Report 2008

Top Headlines
EU Clears France's Diester to Buy Belgium's Oleon
Wal-Mart Dec Sales Disappoint, Cuts Forecast
Dollar Extends Losses vs Yen After Wal-Mart Sales
In Situ Preparation of Whey Protein Micelles
Aroma-Producing Compositions for Foods
Modified Plant Gums for Preparations of Active Ingredients
Beverage Additive and Method of Making the Same
Nutritious Fabricated Snack Products
Temporally Meal Menu For Infants
Seven & I Posts 7.9 pct Q3 Profit Growth
Modified Vegetable Protein Having Low Levels of Phytic...
Inter Weichert Appeals against EU Commission Banana...
Process for Producing Sugars from Cellulosic Biomass
Opening of First U.S. Food and Drug Administration...
Upbeat Sainsbury Estimates it will Create up to 4,000...
Austria Retail Food Sector Annual Report 2008
Salmonella Outbreak Sickens 388 Across US: CDC
Sainsbury Q3 Sales at Top End of Forecasts
U.S. Food Prices Rise 7 pct in 2008 - Farm Group
Supervalu Profit Beats View, Cuts Costs; Shares Up
Thorntons Says Xmas Sales 2.3 pct Lower
China Marine Food Group Commences Production at New...
Wessanen Starts Buyout Process of Remaining Shares...
UK Shoppers Shifted Record Spending to Online Delivery...
Constellation Brands Reports Q3 Fiscal 2009 Results


 


FLEXNEWS 2008 - All rights reserved
ISSN 1950-6228