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Global Trade Alert

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Indonesia: Government increased the price cap on soybean and expanded soybean planting area

Description

On 19 September 2022, the government of Indonesia provided subsidies of IDR 400 billion (USD 26.02 million) to soybean farmers to expand the areas for soybean plantings from 150,000 hectares to 600,00...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Sep 2022

Revocation date

31 Dec 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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