Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
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Indonesian Minister Keen to Raise Local Rice Output
Asia Pulse
MEDAN, N Sumatera, The Minister of Agriculture Bungaran Saragih has proposed an increase in the import duty on rice.
"The import duty on rice should be increased to 65 per cent," Bungaran told reporters after addressing a national plantation seminar held by North Sumatera graduates of the Bogor Institute of Agriculture (IPB) here on Monday.
He said the idea to increase the import duty was expected to encourage the farmers to boost their rice production for a more competitive price of the commodity.
But, the minister said his side had no authority increase the import duty, as this is the job of the ministry of finance.
Bungaran said that Indonesia is still relying on imported rice because the production the farmers was still insufficient to meet the national demand.
"Therefore, the government through the relevant government's institutions kept trying to find ways to boost the productivity of the farmers," he added.
According to him, one way was an expansion of productive rice fields outside Java island.
"To date, the expansion has reached a total of 320,000 hectares in Kalimantan, Sumatera and Sulawesi," said Bungaran.
He also believed that the current drought would not affect the rice production target in Java island.
MGR Archive 3.9.2003
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Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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