USEUROPEAFRICAASIA 中文双语Français
Home / Business

Noodle hunger in SE Asia testing Australian farmers

By Bloomberg | China Daily | Updated: 2015-02-06 07:46

Wheat farmers in Australia, the world's fourth-biggest shipper, will face an increasing challenge keeping up with their neighbors' appetite for bread and noodles.

Demand from Indonesia, the Philippines and three other Southeast Asian nations is set to jump 40 percent to 13.2 million metric tons by 2020, said Greg Harvey, chief executive officer of Interflour Group Pte. That may outpace the ability of Australia to supply the variety used in soft bread and noodles, he said in an interview in Singapore.

Faster growth and an expanding population are boosting consumption of everything from wheat and sugar to cooking oils in the region, which has more people than the European Union. Indonesia will become the world's second-largest wheat importer this year and has overtaken India as the top user of palm oil, the US government estimates. The United States, Canada and Russia could fill any shortages in Australian supply, he said.

Noodle hunger in SE Asia testing Australian farmers

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US