Business · Energy & Commodities · 2 days ago
Bulog projects rice purchases could reach 130% of 2026 target
Bulog, Indonesia’s state food logistics agency, says it has bought more than 4 million tonnes of rice from domestic sources.
That is about 102% of the target set by the government, according to its chief, Ahmad Rizal Ramdhani.
Bulog expects purchases to reach 130% of the target by the end of 2026.
Rizal linked the high level of purchases to government support for farmers, including a guaranteed minimum buying price of 6,500 rupiah per kilogram for harvested paddy.
He said Bulog buys the paddy at that price, so farmers are not selling below the set minimum.
The government and Bulog aim to sustain food self-sufficiency and strengthen food security, but the 130% figure is a projection rather than a final result.
Perum Bulog projects that its domestic rice purchases will reach 130% of the government target by the end of 2026.
Bulog chief Ahmad Rizal Ramdhani said purchases had already exceeded 4 million tonnes, or about 102% of the target.
He attributed the high purchase level in part to government support for agriculture and a guaranteed purchase price for harvested dry paddy.
The government-set price is Rp6,500 per kilogram, and Rizal said Bulog buys farmers’ paddy at no less than that price.
- Who
- Perum Bulog, the state logistics agency, and its chief, Ahmad Rizal Ramdhani.
- What
- Bulog projects domestic rice purchases will reach 130% of the government target by year-end.
- When
- Rizal made the statement on October 8, 2026. The projection is for the end of 2026.
- Where
- Jakarta, Indonesia.
- Why
- Rizal cited government support for agriculture, including a guaranteed purchase price for harvested dry paddy.
This story does not have two clearly opposing sides.
By December, our estimate is that it could reach 130 percent of the target set by the President.
So there are no longer any prices in markets across all the rice fields of Indonesia where the price is below Rp6,500. Everything is at least Rp6,500, and Bulog buys it.
Rizal said Bulog’s rice purchases had reached about 102% of the target, exceeding 4 million tonnes.
Bulog estimates its rice purchases could reach 130% of the government target.
- Current purchases
- More than 4 million tonnes
- Current share of target
- About 102%
- Year-end projection
- 130% of the government target
- Paddy purchase price
- Rp6,500 per kilogram
- Statement location
- Jakarta, Indonesia
Sources
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