Indonesian palm kernel meal exports in 2021/22 to hit 5.5mt

In 2021/22, USDA forecasts that Indonesia’s palm kernel meal exports will reach 5.5 mt, an increase of 250,000 tons from 2020/21 on strong demand from the feed industry. From October – January 2021, exports reached 1.73 mt, down 9% over the previous MY. Despite slower demand from top markets, averag...