Indonesia speeds up purchasing rice from local farmers
Indonesia’s State Logistics Agency (Bulog) has purchased 120,000 tonnes of unhusked rice (GKP) from farmers through domestic rice procurement, the agency announced.
Jakarta (VNA)▨ – Indonesia’s State Logistics Agency (Bulog) has purchased120,000 tonnes of unhusked rice (GKP) from farmers through domesticrice procurement, the agency announced.
The head of Bulog, Bayu Krisnamurthi on April 15 said that Bulog is continuingto procure rice domestically during the ten-day Eid al Fitr holiday.
As of April 14, Bulog had bought around 120,000 tonnes of GKP, or equal to 64,000tonnes of rice. Major GKP supplying areas are East Java, Central Java, West Java,West Nusa Tenggara, South Sumatra, and Yogyakarta.
Krisnamurthi said that the 64,000 tonnes ofrice equivalent that Bulog managed to purchase this year is still less than itsaverage domestic rice procurement for the January–April period in 2021–2023, whichstood at around 375,000 tonnes.
This has been caused by late planting andharvests this year due to the El Nino phenomenon and other production problems,he explained. Statistics Indonesia recorded a 17% fall in rice output during thefirst quarter of 2024 compared to 2023.
ꦍ He added that Bulog will continue to activelyprocure domestic rice during the April harvest season, which is expected tocontinue in May.
Meanwhile,according to Indonesia’s National Food Agency (Bapanas), the Indonesian Government has approved the purchase price for GKP at 6,000 IDR (0.37 USD) per kg, up from the previous 5,000 IDR, which is expected to increase the stockof the government rice reserves and support local farmers./.
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