The Impact of Bio-Ethanol Conversion and Global Climate Change on Corn Economic Performanve of Indonesia

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  • Yudi Ferrianta*1,
  • Nuhfil Hanani2,
  • Budi Setiawan2,
  • Wahib Muhaimin2,
  1. Department of Agriculture Economic, University of Lambung Mangkurat, Indonesia
  2. Department of Agricultural Economic, University of Brawijaya, Indonesia

Revised: 29-08-2015

Accepted: 29-08-2015

Published in Issue 01-09-2012

How to Cite

Ferrianta, Y., Hanani, N., Setiawan, B., & Muhaimin, W. (2012). The Impact of Bio-Ethanol Conversion and Global Climate Change on Corn Economic Performanve of Indonesia. International Journal of Agricultural Management and Development, 2(4), 157-165. https://oiccpress.com/ijamad/article/view/6665

PDF views: 143

Abstract

Many studies conclude that the rise in global food prices due to higher demand from the development of biofuels, climate anomalies, and increased of oil prices. Not only the food commodity index rose more than 60 percent, nonfood commodity price index also rose over 60 percent and crude oil price index has increased even further above 60 percent. The purpose of this study is to analyze the impact of bio-ethanol conversion and global climate change on corn economic performance of Indonesia. The results showed that the food crisis caused by climate anomalies lead the world corn prices rose 50 percent, impact on Indonesia corn imports fell by 11.86 percent. And the other hand, the energy crisis that caused the corn used as feedstock for ethanol that caused U.S. corn exports only 20 percent of their products have an impact on Indonesia on maize imports fell 32.4 percent.

Keywords

  • Climate Change,
  • corn,
  • The Energy Crisis
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