soya oil production line in indonesia

                                               
                                               
                                               
                                               
  • How to increase soybean production in Indonesia to achieve self-sufficiency?
  • There are three primary challenges in terms of increasing the soybean production in Indonesia in order to achieve self-sufficiency, i.e. low fertility of the available land, less competition of existing soybean varieties in terms of the quality traits, and relatively low selling price of locally produced soybean.
  • What is the forecast for Indonesia soybean production in 2022/23?
  • Post maintains its 2022/23 Indonesia soybean production forecast at 390,000 MT, a decrease of 35,000 MT from 2021/22 on lower yields due to flooding caused by earlier-than-expected rainfall on Java island (see ID2022-0036). Indonesia soybean consumption is expected to reach 2.86 MMT in 2022/23, unchanged from the previous estimate.
  • Is soybean a good source of protein in Indonesia?
  • Soybean is the third important food crop in Indonesia after rice and maize, particularly as a good source of protein. The demand for soybean consumption tends to increase annually. In 2020, the figure was about 3.28 million tons, while the domestic production was 0.63 million tons, thus around 81% of the soybean needed was imported.
  • How many MT of soybeans did Indonesia import in 2022/23?
  • In the first two months of 2022/23, soybean imports reached 281,000 MT, almost on par with the same period of the previous year. The U.S. is expected to remain Indonesia’s main supplier of soybeans in 2022/23, as the tempeh industry requires consistent supply and specifications suitable for fermented soy food production.