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Poultry sector: Ministry of Agriculture to distribute 20mn poultry (chicken and duck) to 400,000 below-poverty farming households in Indonesia. The government raises the poultry distribution target from 10mn poultry in 2018. The program is targeted to improve the welfare of poor farmers in Indonesia. (Investor Daily).
Comment: This will potentially improve Indonesia's poultry production by around 3%-5%, in our view. Nonetheless, we believe farmers which receive poultry from this program will less likely use poultry feed from large poultry feed producers, in our view. Thus, the program would likely raise DOC demand (by approximately 1%-2%), while the impact is minimal to feed demand.
Sumber : IPS RESEARCH
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