Commodity & Trade Updates

Maize accounts for a significant portion of poultry feed, yet Sri Lanka’s local cultivation fulfils less than 50% of national demand

The increase was driven largely by gains in wheat, maize, and rice prices, amid tightening export supplies

The FAS notes that wheat consumption has stagnated in recent years due to demographic changes and evolving consumption habits.

Over 420 collection points set up nationwide as government offers above-market prices to farmers to strengthen local supply and reduce import dependency.

According to KBNS, the price hike is attributed to intensified competition for maize between human food processors and animal feed manufacturers.