Sri Lanka: Grain and Feed Annual
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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). Improved production volumes compared to MY 2023/2024 results are due to economic recovery, facilitated through an International Monetary Fund Extended Fund Facility arrangement of $2.9 billion and increased earnings from tourism and remittances. Post estimates that Sri Lanka’s MY 2023/2024 rice (milled) production will be 3.37 MMT as a result of application of the full basket of fertilizers, that includes urea, triple superphosphate (TSP), and muriate of potash (MOP) required for the rice crop to thrive. Sri Lanka is an importer of wheat and wheat flour. Sri Lanka’s MY 2024/2025 wheat imports are forecast at 1.2 MMT, up by 20,000 MT from MY 2023/2024.
