Categories: Indonesia

Minister of Agriculture Optimistic Stock of Rice Safe Until End of the Year

WhatsAppWhatsAppFacebookFacebookTwitterTwitterPinterestPinterestRedditRedditGmailGmailShareShare

In a coordination meeting for the leadership of the Committee for Handling COVID-19 and National Economic Recovery (PC-PEN) of the Ministry of Institutions 2020, Minister of Defense Syahrul Yasin Limpo confirmed the availability of rice for national needs until the end of the year.

“The first planting season from January to June 2020, there were 23 million tons of carry-over rice, and the community consumed around 15 million tons. Alhamdulillah (praise be to God), the stock from July to August was 7.83 million tons of rice,” Syahrul said in his official statement, Friday, 25. September.

During Planting Season II, Syahrul said he would pursue production from the existing 7.5 million hectares of land. About 87 percent of the land planted, with an estimated yield of over 15 million tonnes.

“With the existing stock, until the end of the year we will have sufficient rice stock,” said Syahrul.

Even so, Syahrul emphasized, the ongoing production process needs to be accompanied by massive absorption to maintain the stability of the price of rice at harvest time.

Syahrul said the development program for other agricultural commodities such as corn, horticulture, chicken meat, and eggs was running according to the planning target.

“We have to intervene and have to prepare our absorption capacity, not only with Bulog but with the synergy of other ministries, as well as State-Owned Enterprises (SOEs) there are Berdikari, Farmers, and others,” he said.

Apart from getting funds from the state budget, agriculture is also said to have received assistance from the People’s Business Credit (KUR) as much as 34.2 trillion IDR. He also hopes that the Coordinating Minister for Maritime Affairs and the Coordinating Minister for the Economy will step in.

“I hope KUR prepares to buy agricultural machine tools, which one province will be provided Rp 1 trillion incentive. Large tractors, mills, RMU, rice mills. We have 186 mills, 80 percent of which are out of date. If this given on a credit scale and it rotates, this in a year at the latest will produce,” explained Syahrul.

The intensive given for the production with KUR, Syahrul is optimistic that the mechanism applied will be able to reduce the loss rate in production which is usually in the range of 9 to 13 % to become 3 to 4 %.

Noto

Jakarta-based Newswriter for The Asian Affairs. A budding newswriter that always keep track of the latest trends and news that are happening in my country Indonesia.

Recent Posts

Get to Know NextRise 2025: Asia’s Premier Startup Innovation Event in Seoul

NextRise 2025-the biggest startup and tech event in Asia-is ready to take place in Seoul on June 26-27 at COEX,…

May 2, 2025

SS501 is officially staging a comeback and a huge one!

On this reunion occasion marking 20 years after their debut, the anticipation of the fans seems to be reaching greater…

May 2, 2025

K-pop Group RIIZE Returns to Singapore in January 2026 for ‘RIIZING LOUD’ Asia Tour

South Korean boy band RIIZE is returning to Singapore on January 24, 2026 as part of their “RIIZING LOUD” Asia…

May 2, 2025

RISING SUN ROCK FESTIVAL 2025: Full Artist Lineup, Ticket Prices and Camping Info for Japan’s 25th Anniversary Event

Experience Japan’s longest running all-night rock festival, RISING SUN ROCK FESTIVAL 2025 in EZO, with incredible acts, a wealth of…

May 2, 2025

Denver Firms Hit with $8M in Fines for Unauthorized Workers

United States Immigration and Customs Enforcement conducted audits of three Denver cleaning companies, leading to more than $8 million in…

May 2, 2025

Cricket All Set for 2026 Asian Games in Japan.

Cricket fans, rejoice! The Olympic Council of Asia (OCA) has confirmed that cricket will be part of the 2026 Asian…

May 1, 2025