Impact of Iran War Erodes ID FOOD's Imported Meat Business Margins

The margins of the imported meat business are being eroded. This is an impact of the escalation of the war between Iran and the United States and Israel.

ID FOOD’s CEO, Ghimoyo, stated that the impact of global uncertainty will cause volatility in food prices.

He explained that there are three factors affecting the food industry: geopolitical tensions, global warming, and the energy sector related to the food sector.

This is because it can trigger an increase in logistics prices, thus raising distribution costs. In addition, a decline in food commodity production will lead to rising food prices.

“If from our side, it’s meat. Meat will definitely be affected by the rising exchange rate and prices there,” he said during a meeting with Commission VI at the DPR RI building in Jakarta on Monday (30/3/2026).

Ghimoyo stated that considering the global conditions affecting food stability, ID FOOD will take a role in stabilising food prices and become a stabiliser of the national food ecosystem.

Although meat prices have not yet risen, said Ghimoyo, the effects are already being felt. The company will build food resilience based on local resources to anticipate shocks from politics, climate, and energy crises.

“It’s already being felt, because the purchases are no longer coming in,” he revealed.