Insights and Stories on Indonesia

Mar. 25, 2022 at 6:22 pm CDT

MarketsFarm — There’s to be a small increase in palm oil production in Indonesia in 2022-23, according the U.S. Department of Agriculture’s attaché in Jakarta. The attaché pegged palm oil output to rise by 1.1 per cent at 46 million tonnes due to favourable weather and higher prices for producers. […]

By MarketsFarm

Jun. 21, 2021 at 9:20 pm CDT

Canada has formally declared it will start negotiations this year on a trade pact with Indonesia, a move ag exporters hope will stabilize and strengthen their market access to the Asia-Pacific region. Canada’s Trade Minister Mary Ng and her Indonesian counterpart Muhammad Lutfi on Sunday declared the launch of negotiations […]

By GFM Staff

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