Agriculture plays an important role in the economic and rural development of Indonesia. It generates over 13% of Indonesia’s GDP and is the country’s biggest employer, providing work to a third of the labour force. The sector satisfies the need for food of 261mn Indonesian citizens and about 13mn tourists every year. Agricultural land covers a third of the country’s territory. Indonesia is among the top world producers of palm oil, natural rubber, cocoa, coffee and rice. Indonesia’s long tradition of fishing and fish-rich waters make it one of the world’s most important fish and seafood producers.

Food security and environmental concerns are driving change in the Asian agribusiness sector, with agricultural giants such as China and India modernising their production complexes by rationalising support policies and addressing excessive use of inputs. Australia and China will lead in the race to integrate IoT technology in their agribusiness sectors, while frontier markets in the Mekong struggle to improve traceability and quality control systems. Meanwhile, consumer preferences will be affected by dietary shifts and the region will see considerable uncertainty owing to China’s ongoing trade dispute with the US.

Food security and environmental concerns are driving change in the Asian agribusiness sector, with agricultural giants such as China and India modernising their production complexes by rationalising support policies and addressing excessive use of inputs. Australia and China will lead in the race to integrate IoT technology in their agribusiness sectors, while frontier markets in the Mekong struggle to improve traceability and quality control systems. Meanwhile, consumer preferences will be affected by dietary shifts and the region will see considerable uncertainty owing to China’s ongoing trade dispute with the US.

非洲猪瘟利空短期猪价，理性看待不恐慌。新玉米减产预期发酵，拍储成交大幅回暖。

禽链价格基本维稳，景气反转中继。本周山东烟台毛鸡收购价为4.40 元/斤，环比上涨0.46%，鸡苗出厂价格为4.60 元/羽，环比持平。目前来看，低引种、低换羽叠加年内需求增加（替代品猪肉受疫情影响供应短缺、三季度传统消费旺季）导致白羽肉鸡供需持续改善，短期来看我们预计三季度禽链整体价格有望达到年内高点，长期来看本轮周期的景气高点看至2019 年。

财政部、农业农村部、银保监会日前共同印发《关于将三大粮食作物制种纳入中央财政农业保险保险费补贴目录有关事项的通知》，明确将三大粮食作物制种纳入中央财政农业保险保险费补贴目录，以促进我国制种行业长期可持续发展，稳定主要粮食作物种子供给，保障国家粮食安全。

家庭农场开始温和去产能，受限于环保、老龄化和资金问题，规模扩张不易。多数家庭农场已经开始温和去产能，除个别完全淘汰之外，多数养殖户规模出现小幅下降。生猪出栏体重与行情相关度高，行情越差外销重量越轻，当前出栏生猪体重大多轻于2017年和2016年。