ANNOUNCEMENT 09 Dec 2011In December 2011, the government of Indonesia announced a change in production support.
NUMBER OF INTERVENTIONS
Ministry of Agriculture regulation 87/Permentan/SR.130/12/2011 (in Bahasa Indonesia):
On 9 December 2011, the Indonesian Ministry of Agriculture issued regulation 87/Permentan/SR.130/12/2011 raising the maximum retail price for subsidized urea fertiliser from 1600 IDR/kg to 1800 IDR/kg. According to USDA Indonesia, 'the subsidized fertilizer is provided for farmers with an average maximum land ownership of two hectares per crop cycle per family'.
The regulation came into force on the day of its issuance.