Tuesday, April 19, 2016

18 april,2016 daily exclusive oryza rice enewsletter by riceplus magazine

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Indonesia Aims to Buy 2.7 Million Tons of Rice from Farmers in First Half of 2016

Apr 18, 2016

Indonesia's state logistics agency Bulog is planning to buy around 2.7 million tons of rice from local farmers in the first half of 2016, Bloomberg quoted the agency's President Director.
The official told reporters that Bulog rice reserves stand at around 1.66 million tons as of April 17, 2016.
Separately, the country's Agriculture Ministry noted that it is expecting an output of around 30.5 million tons of paddy (around 19.5 million tons of milled rice) from the 2016 main (March-May) rice harvest.
Earlier this year, the Director of procurement at the state logistics agency Bulog said that the country may not import rice this year due to adequate stocks. He noted agency is planning to buy about 3 million tons of rice from farmers between March to May this year.
The government of Indonesia is

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