Insights and Stories on Indonesia

Jan. 14, 2021 at 7:38 pm CST

Continuing to seek out free trade deals in the Asia-Pacific region, Canada has launched public consultations on the merits of a potential bilateral pact with Indonesia. “Deepening trade ties with Indonesia would benefit Canadian businesses of all sizes and lead to economic growth and prosperity for years to come,” International […]

By D.C. Fraser

Dec. 31, 2019 at 2:25 am CST

MarketsFarm — Palm oil may be grown halfway around the world in conditions much different than on the Canadian Prairies, but the outsized influence of the crop on world oilseed markets makes it an important factor to watch when considering canola prices. Indonesia and Malaysia are the world’s largest producers […]

By Phil Franz-Warkentin

Nov. 20, 2019 at 4:32 pm CST

MarketsFarm — As Malaysian palm oil continues to increase in price due a shortage, it has led to a rally in canola on ICE Futures, said Wayne Palmer of Exceed Grain in Winnipeg. The shortage stems from dry conditions in Indonesia and Malaysia, the world’s top two palm oil producers. […]

By Glen Hallick - MarketsFarm

Jul. 22, 2019 at 12:07 pm CDT

Jakarta | Reuters – Indonesia is preparing to carry out cloud seeding in an effort to trigger rainfall to prevent harvest failure and forest fire, the disaster mitigation agency’s spokesman said on Monday. The agency’s data shows that on July 22 about 20,269 hectares of agricultural land were at risk […]

By Bernadette Christina

Jun. 3, 2019 at 7:37 pm CDT

Chicago/Antananarivo, Madagascar | Reuters — A kilo of vanilla beans costs more than a kilo of silver. Cultivated painstakingly over years from an orchid plant, vanilla is the second most expensive spice in the world, after saffron. In less than five years, the wholesale price has risen nearly 500 per […]

By Richa Naidu