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Tag Archives indonesia


ICE July 2022 canola (candlesticks, right column) with 20-day moving average (yellow line) and CME July 2022 crude palm oil (orange line, left column). (Barchart)
Crops, Markets

ICE weekly outlook: Canola books steep rise in prices

By Glen Hallick April 28, 2022
MarketsFarm — Canola prices, along with other edible oils, received a strong boost on Wednesday due to sharp upticks in Malaysian palm oil values. Canola futures have also received support […] Read more

CBOT July 2022 soyoil (candlesticks, right column) with July 2022 soybeans (yellow line, left column). (Barchart)
Crops, Markets

U.S. grains: Soyoil futures rally to record high

Corn hits highest since August 2012

By Mark Weinraub April 27, 2022
Chicago | Reuters — U.S. soyoil futures surged to a record high on Wednesday after Indonesia broadened its export ban on raw materials for cooking oil to fight food inflation, […] Read more

File photo of fresh palm fruits and palm oil. (Slpu9945/iStock/Getty Images)
Crops, Markets

Indonesia’s palm oil export ban seen short-lived on limited storage

By Bernadette Christina, rajendra-jadhav April 26, 2022
Jakarta/Mumbai | Reuters — Indonesia’s ban on palm oil exports is unlikely to last more than a month as Jakarta has limited infrastructure to store the surplus oil and the […] Read more

File photo of fresh palm fruits and palm oil. (Slpu9945/iStock/Getty Images)
Crops, Markets

Indonesia bans palm oil exports as global food inflation spikes

Government under pressure to control cooking oil prices

By Fransiska Nangoy April 22, 2022
Jakarta | Reuters — Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock move that […] Read more

File photo of fresh palm fruits and palm oil. (Slpu9945/iStock/Getty Images)
Crops, Markets

Indonesia palm oil production to rise, USDA attache says

By MarketsFarm March 25, 2022
MarketsFarm — There’s to be a small increase in palm oil production in Indonesia in 2022-23, according the U.S. Department of Agriculture’s attaché in Jakarta. The attaché pegged palm oil […] Read more


Shipping containers at a seaport in Jakarta, Indonesia.
Markets, News

Market access a priority in Indonesia negotiations

First round of negotiations expected later this year

By D.C. Fraser July 16, 2021
Canada’s consultations on a potential free trade deal with Indonesia demonstrate a strong appetite for negotiations to continue.  The two nations are expected to launch formal talks this year.  Why […] Read more

File photo of containers at a seaport in Jakarta. (Leolintang/iStock/Getty Images)
Markets

Canada, Indonesia launch trade pact talks

First round of negotiations expected later this year

By GFM Staff June 22, 2021
Canada has formally declared it will start negotiations this year on a trade pact with Indonesia, a move ag exporters hope will stabilize and strengthen their market access to the […] Read more

Indonesia has a growing middle class that provides a potential market for Canadian products.
Markets/Business, News

Canada, Indonesia explore trade deal

Broader Southeast Asian pact could have potential

By D.C. Fraser February 8, 2021
Glacier FarmMedia – Canada is exploring a potential trade pact with Indonesia as it continues to seek out deals in the Asia-Pacific region. International Trade Minister Mary Ng made the […] Read more


File photo of snacks, produce and assorted street food loaded on a motorbike in Bali, Indonesia. (Lina Moiseienko/iStock/Getty Images)
Markets

Canada consulting at home toward Indonesia trade deal

Possibility of broader Southeast Asian pact also looms

By D.C. Fraser January 15, 2021
Continuing to seek out free trade deals in the Asia-Pacific region, Canada has launched public consultations on the merits of a potential bilateral pact with Indonesia. “Deepening trade ties with […] Read more

File photo of fresh palm fruits and palm oil. (Slpu9945/iStock/Getty Images)
Crops, Markets

Palm oil 101: Sought-after crop holds sway over oilseed trade

By Phil Franz-Warkentin December 31, 2019
MarketsFarm — Palm oil may be grown halfway around the world in conditions much different than on the Canadian Prairies, but the outsized influence of the crop on world oilseed […] Read more

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