Indonesia Agribusiness Q1 2019
Indonesia's agriculture holds a great amount of promise and sub-sectors, such as livestock, sugar and palm oil, willexperience significant growth opportunities. However, the country's goal to become self-sufficient in a large number ofcommodities is overly ambitious in light of the robust outlook for food and drink consumption. Agricultural production will struggleto expand in the coming years amid scarce agricultural land, the lack of proper infrastructure and the existence of a large number oflow-technology, small-scale farmers. While we believe that Indonesia will be able to reduce its dependence on rice imports in thecoming years, sugar, corn and beef self-sufficiency are far-fetched concepts for the country.
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