DOMESTIC corn feed mills are highly demanding the corn feeds during the new harvest season, said, U Min Khaing, chairman of the Myanmar Corn Industrial Association. Currently, the monsoon corns are started harvesting and the domestic corn price isnot much altered from the price that foreign counties purchase, he added. “This is newly corn harvested season and the time to get a reasonable price to buy the corn. The feed mills from Myanmar started purchasing the corn in September, October, November and December. Myanmar hasn’t exported the corn a lot in this time because the domestic feed millers are offering a reasonable price to purchase the corn,” said U Min Khaing. This year, the price of corn is above K600 per viss in the Yangon market while the corn price is ranging K580-K600 per viss in the Mandalay market. Last year, the corn fetched K450-K500 per viss. The corn crop is mostly demanded by the feedstuff processing business. Besides, the domestic corn consumption in Myanmar is also less than a half of the previous year. It is only 400,000 tonnes a year, according to the Myanmar Corn Industrial Association. Last FY, domestic demand for corn was between 800,000 and 900,000 tonnes. The domestic demand for corn dropped because of reduced livestock production and the high cost of livestock feed, which is impacted as a result of COVID-19, said U Min Khaing. Currently, corn is cultivated in Shan, Kachin, Kayah and Kayin states and Mandalay, Sagaing and Magway regions. There are about 1.12 million acres of corn in Myanmar and it has three corn seasons — cold, summer and monsoon. The country produces 2.5-3 million tonnes of corn annually. NN #TheGlobalNewLightOfMyanmar