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Following the pesticide ban, Sri Lanka's corn imports hit a record high

 Last Update: 2022-11-14
 Source: Internet
 Author: User

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World Agrochemical Network Chinese reported: Recently, Sri Lankan government data shows that the country has spent 9.
6 billion rupees on corn
imports this year.
Affected by the government's pesticide ban, the shortage of cereal crops in the animal feed industry is imminent
.

Sri Lanka has spent Rs 573.
4 million on corn seeds and Rs 9 billion on other maize-related products, including ears of corn,
according to the data.

Analysts say corn crops are vulnerable to pests and diseases and require insecticides to thrive
.

Rising maize prices, combined with a sharp increase in animal feed prices due to pesticide bans, have further contributed to a surge
in Sri Lankan corn imports this year.

Prior to 2022, Sri Lanka had the highest import bill for maize at Rs 7.
5 billion in 2017
, according to Sri Lankan customs data.

The Sri Lankan government is currently planning to increase its maize production
.
Maize is one of the main components of animal feed, after the fertilizer crisis took a toll on the country's cost of living and inflation, which required large imports to boost poultry production
.
Government officials say shortages of corn crops in Sri Lanka have led to higher prices for chicken, milk and eggs in
local markets.

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