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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.
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.
Hong Kong continues to take random tests on imports of chilled and frozen foods and their packaging for the COVID-19 virus.