Analysis and Forecast of Foreign Trade Indicators of Corn in Bosnia and Herzegovina

Nedeljković, Miroslav; Krstić, Boro; Maksimović, Aleksandar

doi:10.7251/agren1804265n

Cited by 3 publications

(1 citation statement)

References 3 publications

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“…For example, corn accounts for 51.4% of the total raw materials in broiler feed [12]. Other than as feed raw materials, maize is also commercial commodity as food, biofuels and other raw materials for industrial processes [13,14] which estimated about 28% [11].…”

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confidence: 99%

The Demand of Maize by Feed Mill in Indonesia During the Covid 19 Pandemic

Mahendri¹,

Saptati²,

Adnyana³

2023

Advances in Biological Sciences Research

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Restrictions on maize importation by government in 2016 have resulted in limited stocks for livestock feed resources and stimulate an increase of maize prices in Indonesia. This will impact on the development of feed mill business as well as the sustainability of poultry industry in Indonesia. This study aims to analyse the demand of maize by feed mills during the Covid 19 pandemics and formulate the alternative strategies to support the development of maize industry in Indonesia. Total of 15 feed mills in Banten and East Java Province, Indonesia was interviewed to gather primary data as well as secondary data were applied related to maize purchasing, feed production, and strategies required to support feed mills business. The result found that purchasing of maize by feed mills in 2021 decreased by 2,2% from 2019, followed by decreasing feed production which reached about 3.4%. On the other hand, the price of maize has increased from IDR 4663 per kg to IDR 5873 in April 2022. This indicates that the availability of maize in the market diminished. To support the development of feed mill business, maize planting program is required to be continued supported by seeds innovation for dry land as well as infrastructure development to deal with water problem in majority maize development areas. Moreover, continue providing accurate data related to maize plantation and harvesting area as well as mapping the demand of maize for industry is also necessary. In addition, the procurements of alternative feed resources are also important to substitute maize in feed formula.

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Section: Introductionmentioning

confidence: 99%

The Demand of Maize by Feed Mill in Indonesia During the Covid 19 Pandemic

Mahendri¹,

Saptati²,

Adnyana³

2023

Advances in Biological Sciences Research

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Opportunities and challenges to increase corn export from Gorontalo province of Indonesia

Susilowati

Ariningsih

Saliem

et al. 2021

IOP Conf. Ser.: Earth Environ. Sci.

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Corn has an essential role in Indonesia, especially as a livestock feed. Corn production has increased significantly over the past five years. Many provinces in Indonesia are a center of corn production, but most do not serve as corn exporter. Gorontalo is one of it that has successfully exported corn. However, corn export from the province is still facing continuity and competitiveness challenges. This study aims to analyze of the corn exports’ potential, opportunities, and challenges from the region. The survey was conducted in 2018. Data and information were collected through in-depth interviews with relevant agencies and respondents are analyzed using SWOT analysis. The results of the study show that Gorontalo Province has a good prospect for exporting corn. The main strength of this province is the availability of two export ports. However, transportation infrastructure to the ports does not optimally support corn export activities. The dynamics of corn trade policies by the Government is also a potential factor to weaken corn competitiveness. Various programs are needed to continuously increase corn exports, including simplifying corn export procedures and licenses, improving infrastructure to facilitate transportation to farmland, and improving export market access by doing good networking with corn importers.

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The Effect of Commodity Prices and Exchange Rate on the Stock Return of Agriculture and Animal Feed Companies in Indonesia

Oktrevina

Kurniawan

Anwar

2022

IJSSER

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Purpose of the study: This study aims to examine the key drivers for the effect of selected commodity ratios and the exchange rate that haveinfluenced the return on investment of agriculture and animal feed companies in Indonesia. Methodology: This study uses the GARCH methodology. Using GARCH and IGARCH for monthly and daily data from 2014 until 2021, we also have a different timeline between before COVID and after COVID-19. Main Findings: According to the results of the study, there are generally significant effects of commodity prices and exchange rates on stock return, as for the COVID timeline, there are several companies that have been affected. Research limitation: There is a problem with finding the parameter estimates for the error distribution both in GED and Student’s t when finding the best GARCH (1,1) model. The best model finding may not present the best probability due to distributions that affect the tail distribution. Novelty/Originality of the study: This study suggests to look for more details on the effect of commodity ratio in daily data and monthly data, as thetransaction is mostly using USD rate with IDR rate. There are great possibilities that their movement will impact the return on the investment and people who like to invest in a certain company can use this study as a reference.

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Analysis and Forecast of Foreign Trade Indicators of Corn in Bosnia and Herzegovina

Cited by 3 publications

References 3 publications

The Demand of Maize by Feed Mill in Indonesia During the Covid 19 Pandemic

The Demand of Maize by Feed Mill in Indonesia During the Covid 19 Pandemic

Opportunities and challenges to increase corn export from Gorontalo province of Indonesia

The Effect of Commodity Prices and Exchange Rate on the Stock Return of Agriculture and Animal Feed Companies in Indonesia

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