February 26, 2004

Indonesia To Start Exporting Corn in Late March

Indonesia is expected to begin exporting corn in late March, traders and industry officials said on Thursday.

"I have heard that some corn is being offered for export since the crop is expected to be good," Budiarto Soebijanto, chairman of the Indonesian Feedmillers Association, said.

Regional traders confirmed the offers.

Indonesia is expecting a corn crop of about 11.36 million tonnes this year compared with last year's 10.91 million tonnes.