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- (-) March 2022
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High global commodity prices are expected to slow the growth of 2021/22 Indonesian wheat imports and lower the use of wheat in feed formulation.
On March 17, the Serbian Government added refined sunflower edible oil to the list of grains and oilseeds that cannot be exported because of their importance to food security. In the same amendment the Serbian Government removed raw sunflower seed oil from the list that is now free for export.
Indonesia palm oil production is expected to reach 46 million metric tons (MMT) in 2022/23 on favorable weather and higher producer profit margins. Palm oil exports for 2021/22 are revised down from the previous update due to the Government of Indonesia’s domestic market obligation (DMO) requirement, which increased to 30 percent from 20 percent.