Indonesian Political, Business & Finance News

Wheat stocks enough for RI

| Source: REUTERS

Wheat stocks enough for RI

SYDNEY (Reuters): Australia still had plenty of wheat available to sell to Indonesia even though the latest crop was sold out for non-regular buyers, Tim Dewan, the Australian Wheat Board's (AWB) Southeast Asian regional manager, told Reuters.

"There's certainly wheat available for Indonesia (as a regular customer), there's plenty of wheat there for them to carry them through," he said.

Indonesia's currency devaluation had understandably pushed the country into winding-down its wheat stocks after the rupiah collapse, which began last year, he said.

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