As El Nino bites, Indonesians Struggle With Record-High Rice Prices

1. As El Nino bites, Indonesians Struggle With Record-High Rice Prices A 52-year-old from the East Javan town of Pasuruan was taken aback to see hundreds of like-minded people patiently waiting in line, despite the fact that El Nino-fueled dry weather has caused a shortage of rice and driven prices to all- time highs. Tradologie.com is a user-friendly SaaS based global trade hub and your streamlined solution for B2B rice procurement and sales. Connect with global bulk rice buyers or bulk rice sellers, bypass middlemen for higher

2. profits, and secure the best bulk prices effortlessly. Simplify your rice sales or procurement with Tradologie.com. Indonesia’s Rice Consumption After waiting in line for two hours, a mother of two paid 102,000 Indonesian rupiah ($6.51) for two 5 kg bags of rice, which is approximately 50,000 less than what supermarkets and markets would charge. In the 1980s, Indonesia was self-sufficient in rice until farmland was developed for housing the country's rapidly expanding population, which currently numbers over 270 million. In spite of this, rice still makes up more than 90% of the daily caloric intake for over 90% of Indonesian families. According to Rajendra Aryal, the Food and Agriculture Organization's representative in Indonesia and Timor-Leste, the country of Southeast Asia consumes approximately 95 kg (210 lb) of rice per person annually. This is significantly more than the average yearly consumption of other carbohydrates like corn, sweet potatoes, potatoes, and cassava. Because of the El Nino weather pattern, last year was comparatively hot, and because of a protracted dry season in some parts of Indonesia, rice production decreased by about 18%, according to Aryal.

3. In particular, the poorer section of society, which includes smallholders, may be negatively impacted by these circumstances, which could lead to an increase in rice prices and a weakening of people's purchasing power. Tech can help farmers facing soaring temperatures The Indonesian government has started selling discounted rice and giving cash handouts to the hardest-hit families, recognizing the pressure that rising rice prices are placing on consumers and the more than 15 million households that grow their own food. In order to improve water management and lessen reliance on rainfall, the government should, over time, keep making investments in enhancing irrigation infrastructure, including repairing and constructing new canals. According to analysts, technology plays a significant role in the solution. Drones and sensors can track crops, soil moisture, weather, and irrigation systems, and digital platforms facilitate the sharing of knowledge and optimal farming techniques among farmers. If you are a rice importer wishing to import rice in bulk or a rice exporter willing to export bulk rice, then Tradologie.com is the right platform for you. Tradologie.com facilitates bulk agro-commodity sales and procurement across the globe. Through tradologie.com’s interface, buyers can avail the best qualities of agro-commodities in bulk at negotiable rates.

4. The transaction oriented platform has 700,000+ verified buyers and about 70,000+ registered sellers of agro-commodities from over 100 countries. To register as a buyer, click here. To register as a seller, click here. To stay updated with the latest happenings in the agro-trade industry, follow Tradologie.com across all social media channels.