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Indonesia to import 40,000 tons of soybeans per year
(
Update:
29/11/2013
)
5 years ago, when global food prices surged, Indonesia has launched the national goal of becoming self sufficient and self-supply of soybeans, beef, corn, rice and white sugar in 2014.
However, there are some indications that Indonesia is changing the goals. This may result in soybean import volume of this Southeast Asian nation added 40,000 tons / year . Reuters led the unnamed sources said after a recent closed-door meeting of the Cabinet , said Indonesian President Susilo Bambang Yudhoyono has instructed key economic ministers build more realistic goals to meet domestic demand for soybeans and corn .
Earlier, Indonesia - 4 th most populous country in the world - has reduced the sugar production target and loosen regulations on the importation of live cattle . Mr. Suryo Sulisto , President Chamber of Commerce and Industry of Indonesia ( Kadin ) - who had submitted arguments to convince the Indonesian government to change policies of President Susilo meeting on 4/11 , said : " We have to collect opinions from all related objects such as farmers and they feel that the economic and trade , the corn is more attractive ( compared to soybean crops ) . " Suryo He stressed : " Soybean crop will be better in areas where the climate and other conditions over Indonesia .
We do not underestimate the soybean plant , but we need to be more realistic in terms of production . " The sources said the Indonesian President and his ministers were persuaded to adopt the same policy with the food that Chinese policies are applied .
China has set a target to ensure self-sufficiency and self-support for all grains and oilseeds , but has dropped the key objectives of soybeans from 100 % self-sufficient , self- level to 95 % at the beginning decades ago . This has increased the volume of soybean imports in China . At that meeting , President Susilo also acknowledge many estimates of food production is the government's mistakes .
Before that , there are some critics of forecasting food production by the Government is too optimistic . Due to policy changes that should be able within the next 5 years , the volume of imported soybeans Southeast Asian countries will likely increase by about 40,000 tons / year from 2.1 million tons in 2013-2014 season . That would make the cost of rising global soybean . Indonesia is mainly used as food soy protein substitute for meat products more expensive . T
he amount of imported soybeans are 70-80 % of the total domestic demand for soybeans , which are mainly from the U.S. . / .
According to TTXVN/ Vietnam+
