Indonesia threatens Egypt as world’s next largest wheat importer

INDONESIA - Indonesia is on the verge of becoming the world’s largest wheat importer after a further order from Black sea threatening to overtake Egypt’s first position. Need to be a corn-sufficient country has sparked expansion into the Asian market despite the fact that the country has in the past sourced most of its wheat…

Arla enters Indonesian joint venture with PT Indofood CBP company

INDONESIA - Arla Foods has established a joint venture with one of the leading fast-moving consumer goods companies and dairy players in Indonesia, PT Indofood CBP Sukses Makmur Tbk (ICBP). According to the company, this venture is a big step towards building its business in the region considering Southeast Asia as a strategic growth region…