Country News
India: India needs to import corn for its starch makers and feed millers, who are suffering losses, but the government must issue a new tariff rate quota (TRQ), which it has not done since April and has resulted in a de facto import ban. Unclear is how it will manage reasonably priced imports with its zero tolerance for any GMO content.
Indonesia: Djarot Kusumayakti, CEO of Indonesia’s state procurement agency Bulog, says corn imports will total 600 KMT in the first quarter of 2016. Corn imports had been halted in July 2015 when the government tried to boost self-sufficiency. Bulog will handle all of the country’s planned 2.4 MMT of corn imports in 2016 through a new business model that is being developed. (Jakarta Globe)
Jordan: To solve its problems with procurement, Amman has contracted with UAE based Al Dahra Company to take over the country’s purchasing of 400 KMT of barley.