Indonesia sets domestic soybean price floor to protect farmers
date:May 27, 2013
cording to industry estimates, while the main domestic harvest is in late August. Total Chinese soy imports last year were 58 million tonnes.

RAMADAN

Bayu Krisnamurthi, deputy trade minister of Southeast Asia's largest economy, said the floor on buying soybeans from farmers would be 7,000 rupiah ($0.72) per kg, while the price for selling to makers of tofu and traditional food tempe would initially be set at 6,800-7,200 rupiah per kg.

The price for selling soybeans to tempe and tofu makers wi
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