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                High commodity prices in the international market during the last term of 2022 are expected to impede the growth of 2022/23 Indonesian wheat imports and curb the use of wheat in feed formulation.
            
                                      
                Indonesia palm oil production for 2023/24 is forecast at 46 million metric tons (MMT), an increase of 3 percent from the previous year.
            
                                      
                Indonesia’s abundant forests provide primary raw materials for its growing export-oriented wood processing industry.
            
                                      
                Rice area and production for 2019/20 are increased based on the latest data from the National Statistics Agency (BPS).
            
                                      
                Weaker demand due to COVID-19 has reduced palm oil exports by 2 million tons.
            
                                      
                This report updates the 2019 Agricultural Biotechnology Annual Report.
            
                                      