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Myanmar ushered in the corn season, with lower yields and less than ideal prices

 Last Update: 2023-02-02
 Source: Internet
 Author: User

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In northern Shan State, prices fell
when corn planted during this year's rainy season hit the market.
At the same time, corn production has also decreased
.

A corn trader said that from September to January, Myanmar generally suspends corn
exports to Thailand because of high taxes.
From the end of April to July last year, due to the damage to the market due to policy changes, farmers switched to other profitable crops, resulting in lower corn yields
.

A person in charge of the corn merchants association said that corn from northern and southern Shan states is now on the market, while rainy season corn in Kachin and Kayah states is also on the market
.
Overall, however, corn production has been lower
this year.
It's not export season and prices aren't high
.
In addition, prices vary
depending on the region.
The price of corn in the border area will be correspondingly higher, and the current price of 1 drag of corn in the northern Shan State market is only about 1,000
kyats.

It is reported that 60% of Myanmar's maize production comes from Shan State, 20% in southern Shan State, and small production in Kachin State, Kayah State and
Ayeyarwady Province.

Due to regional instability and transportation difficulties, this year's corn planting area is only nearly 1 million acres, and the estimated corn output is only 21 million tons
.

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