BMI View: Overall, we hold an optimistic outlook towards Indonesia''s agriculture sector and seesignificant growth opportunities in sub-sectors such as livestock, palm oil and cocoa. However, while webelieve that the government''s goal to reach self-sufficiency in rice by 2015 is attainable, we are lessconfident about other commodities such as sugar and corn. We also highlight that the country''s aim tobecome the second largest coffee producer in the world by 2015 is unrealistic. Much of our scepticism isowing to the lack of proper infrastructure and the existence of a large number of low-technology, smallscalefarmers. We believe that the shift from raw commodity expo...
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