Indonesia overtakes Egypt as top global wheat buyer this year

Indonesia overtakes Egypt as top global wheat buyer this year: Indonesia is set to overtake Egypt as the biggest importer of wheat in the world, the Financial Times reports. Indonesia is expected to import 12.5 mn tonnes for the 2017-2018 marketing year, surpassing Egypt. “Indonesia is now the leading global wheat importer,” according to US Department of Agriculture. The spike in Indonesian wheat imports comes as the country institutes restrictions on the import of corn.