Key insights and market outlook
Indonesia plans to reduce corn imports starting next year as domestic production increases, according to Agriculture Minister Andi Amran Sulaiman. The government aims to eventually stop corn imports by 2026 and potentially become an exporter. This move follows a successful halt in rice imports due to improved domestic production. The decision was supported by President Prabowo Subianto, who received guarantees from the Minister and National Police Chief regarding the plan.
Indonesia is set to reduce its corn imports starting next year as the government continues to boost domestic agricultural production. Agriculture Minister Andi Amran Sulaiman announced that corn imports will be adjusted according to actual needs, with the goal of completely stopping imports in the near future. This development follows Indonesia's successful halt in rice imports due to improved domestic production.
President Prabowo Subianto has expressed confidence in achieving self-sufficiency in corn production by 2026. He received assurances from both Minister Sulaiman and National Police Chief Listyo Sigit Prabowo regarding the implementation of this plan. The decision is backed by the significant reduction in corn imports from 500,000 tons in 2024 to lower levels in 2025.
The government's focus on boosting domestic production is expected to have several positive outcomes:
As Indonesia moves towards achieving its agricultural goals, the success of this initiative could serve as a model for other commodities and potentially transform the country's position in regional agricultural markets.
Corn Import Reduction Plan
Agricultural Production Increase
Food Security Initiative