AEGIC - Indonesian Market

Published: March 6, 2019, midnight

b'Indonesia is, by far, Australia\\u2019s biggest single wheat customer. Each year, on average, Indonesia buys 4.2 million tonnes of Australian wheat, worth 1.2 billion dollars. That\\u2019s nearly one quarter of all Australian wheat exports.\\n\\nBut the threat from low-cost wheat producers, such as Russia and Ukraine \\u2013 as well as ongoing competition from premium suppliers like Canada and the US \\u2013 is putting the squeeze on Australian exports to Indonesia.\\n\\nAEGIC, the Australian Export Grains Innovation Centre, is an initiative of GRDC and the WA State Government that exists to increase the value of Australian grain.\\n\\nIn this podcast AEGIC CEO Richard Simonaitis talks about the opportunities and challenges facing Australian wheat exports to Indonesia.\\n\\nFurther information:\\nKeir Tunbridge\\nAEGIC Communications Coordinator\\n0409 991 817 (08) 6168 9904\\nkeir.tunbridge@aegic.org.au\\nwww.aegic.org.au\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'