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Sri Lanka’s economic situation is improving and key agricultural inputs like fertilizers and agrochemicals are available in the market although they remain expensive. Rice production is expected to continue on a recovery path. Rice imports are...
Corn, wheat, rice, and sorghum consumption is expected to increase in marketing year (MY) 2025/26 due to the appreciation of the naira, slowing food price inflation, and macroeconomic stabilization.
Imports of wheat, rice, and corn in marketing year (MY) 2024/25 are estimated to increase as the economy stabilizes, inflation decreases, and the government implements a temporary zero-duty import policy for the afore-mentioned commodities until December 31.
Rice is Sri Lanka's national staple, its productive cultivation is of national security concern. FAS Colombo (Post) forecast’s Sri Lanka’s market year (MY) 2024/2025 (October-September) rice production (milled) at 3.42 million metric tons (MMT), coming from a planted area of 1.1 million hectares, with yields of 4.57 metric tons (MT)/hectare (rough rice).
Due to rising insecurity in grain producing regions and higher input costs affecting planting decisions, corn and rice production is expected to decline in marketing year (MY) 2024/25.
In January 2024, Nigeria approved the commercial release of four TELA maize varieties, which have been genetically engineered for improved insect-resistance and drought-tolerance. In addition to South Africa, Nigeria has become the second country in...
The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Finance, Economic Stabilization and National Policies recently introduced a Special Commodity Levy for three agricultural commodities: maize (corn), black gram, and green gram, effective August 18, 2023, for a period of six-months.
Post estimates marketing year (MY) 2023/24 wheat consumption to decrease to 4.5 million metric tons (MMT) or 10 percent from USDA's official estimate.
The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health recently introduced the Food (Refined Wheat Flour Fortification) Regulations (2022).
Rice import for MY 2023/24 is forecast to increase by 4 percent as flooding curbs domestic production and increases imports.
FAS Colombo (Post) forecast’s Sri Lanka’s market year (MY) 2023/2024 (October-September) rice production (milled) at 3.16 million metric tons (MMT), with a planted area of 1 million hectares.
On October 20, 2022, the Sri Lanka Standards Institution (SLSI) notified draft amendment standards (number 1) to SLS 1725-1:2021 for Processed Grain-based Food Products, Part 1: Multi/Mixed Grain to the World Trade Organization (WTO).