Bulog admits buying less local rice this year, what’s wrong? News – 4 hours ago

Jakarta, CNBC Indonesia – The absorption of domestically produced grain by Perum Bulog as of October 20 2023 was recorded as having only reached 878,980 tonnes of rice equivalent. Head of Bulog’s Operational Planning and Public Services Division, Epi Sulandari, admitted that this amount was smaller than the previous year’s absorption.

According to him, this is due to the price of grain which has far exceeded the price set by the government.

“The current price of grain and rice is far above the government purchasing price (HPP). When we received an assignment to absorb domestic rice grain, we were assigned to maintain the HPP. Currently the price is above the HPP, so our absorption is relatively lower compared to previous years the previous year,” said Epi during the 2023 Inflation Control Coordination Meeting, Monday (23/10/2023).

The Food Agency’s Price Panel noted that the price of grain today, Monday (23/10/2023, data accessed at 18.24 WIB) was IDR 6,730 per kg of harvested dry grain (GKP) at the farmer level and IDR 7,030 per kg at the farm level, respectively. grinding level. Down IDR 20 and IDR 30 compared to the day before.

Meanwhile, the price of dry harvested grain today is at IDR 7,680 per kg, meaning there has been no change compared to the day before.

Even though it fell, the price soared beyond the HPP set by the government in mid-March 2023.

Where, GKP HPP at the farmer level is set at IDR 5,000 per kg and IDR 5,100 at the milling level. Meanwhile, the HPP for GKG at the mill is set at IDR 6,200 per kg.

The HPP has been increased from the HPP position regulated in the Minister of Trade Regulation (Permendag) No 24/2020 concerning Determination of government Purchase Prices for Grain or Rice. At that time, HPP GKP for farmers was set at IDR 4,200 per kg and at the mill IDR 4,250 per kg. Meanwhile, HPP GKG is IDR 5,250 per kg for farmers and IDR 5,300 per kg for millers.

For information, HPP is a reference set for Bulog to buy grain/rice from farmers to fill government rice reserves (CBP).

In the meeting broadcast on the Ministry of Home Affairs’ YouTube account, Epi explained that the rice stock owned by Bulog currently reaches 1,507,918 tons. Consisting of 1,423,548 tons of CBP and 84,370 tons of commercial rice. The data is as of October 20, 2023.

To strengthen CBP, continued Epi, Bulog was assigned to import rice with a quota of 2 million tons this year.

“To date, we have fully realized the 2 million tons that we received as rice import quotas in our contract. And 1.2 million tons have been unloaded, while the rest is on its way,” he said.

“God willing, before the end of November, all of that amount will enter Indonesia,” added Epi.

Currently, he said, Bulog has distributed 854,285 tons of rice through the Stabilization of Food Supply and Prices (SPHP).

Apart from rice, Bulog also has stocks of a number of other food commodities, namely:

– 5,244.68 tons of granulated sugar
– 3,916.78 kiloliters of cooking oil
– 110.27 tons of flour
– 26.25 tons of purebred chicken eggs
– 38,410.73 tons of buffalo meat
– 8.46 tons of beef
– 1.39 tons of garlic
– 10.20 tons of shallots
– 1.58 tons of commercial soybeans
– 65.80 commercial corn.

Epi said that the amount of stock owned is adjusted to the sales plan. Which has been distributed to each Bulog regional office.

“We have distributed CBP stock to warehouses throughout Indonesia taking into account warehouse capacity and food aid distribution plans and SPHP targets,” he explained.

On the other hand, Epi revealed that until now no imported rice from China has entered Indonesia.

“For your information, rice imports come from Thailand (829,760 tons), Vietnam (872,700 tons), Pakistan (182,700 tons), India (5,200 tons), Myanmar (100,000 tons) and Cambodia (10,000 tons). There hasn’t been a single grain yet. “rice comes from China,” concluded Epi.

[Gambas:Video CNBC]

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