Indonesia prohibits the import of Argentine corn and soybeans

OA_show('918'); [Indonesia prohibits the import of Argentine corn and soybeans] In order to prevent the invasion of foot-and-mouth disease, the Indonesian government announced a ban on the import of animals and their products from the country where foot-and-mouth disease occurs on March 27 At that time, the import of corn and soybeans was not explicitly prohibited However, the Ministry of agriculture of Indonesia announced that all corn and soybeans from the country where foot-and-mouth disease occurs are also prohibited from import If corn and soybeans are processed, they can be imported Soybean meal is allowed to be imported as a processed product The ban has a significant impact on Argentine corn and soybeans, because Indonesia is the second largest corn importer and the largest soybean importer in Southeast Asia, both of which import more than 1 million tons annually Recently, Indonesia has been an active buyer of Argentine corn because it is cheaper than American and Chinese corn It is not clear what to do with the corn and soybeans that are already on the way The first ship of Argentine soybeans will arrive at the Indonesian port on April 25 At the end of March, 45 Indonesian feed factories purchased about 40000 tons of Argentine corn shipped in April The price of Argentine corn shipped in April last week in Southeast Asian market is 110-111 US dollars / ton, while that of American corn is 117-118 US dollars / ton China feed industry information network wq8 (author:)