tempointeraktive, 22 February, 2011
The chairman of the National Soy Council, Benny A. Kusbini, said that the industry sector, especially the small and medium industries, are worried of the food scarcity threat this year. In addition to concerns about its effect on production, it could possibly stop their operation for lack of their raw material. This could also lead to unemployment.
According to Benny, this happens because of the high dependence on imported soy. Indonesia’s need for soy beans is 2.4 million tons on average, but only 800.000 can be provided domestically. The rest must be imported, most of it from US and Brazil. In the last few weeks, soy prices kept rising and reached its highest level in January. In the meantime, soy stock has been reduced because of weather factors.
According to Benny, this happens because of the high dependence on imported soy. Indonesia’s need for soy beans is 2.4 million tons on average, but only 800.000 can be provided domestically. The rest must be imported, most of it from US and Brazil. In the last few weeks, soy prices kept rising and reached its highest level in January. In the meantime, soy stock has been reduced because of weather factors.
