A first for the country:
Sri Lanka conquers overseas maize market
For the firs time in the Sri Lankan Agriculture history maize is
being exported in large volumes to Canada, Taiwan and Gulf countries.
Managing Director, Wayamba Traders Company, Shahul Hameed Sadikeen told
Daily News Business that that they would be exporting 50, 000 metric
tonnes mainly to be used as raw material to manufacture poultry feed.
Sadikeen with an export quality bag of maize
He said that with peace and more lands being made available for
agriculture, Sri Lanka achieved self sufficiency in maize this year.
"The country's demands is 180,000 mt tonnes per year and during
harvesting of the first season the yield is 200, 000 mt tonnes," he
said. He added that they are now looking at manufacturing poultry food
in Sri Lanka for exporting to these countries.
Wayamba Traders has a forward sales buying agreement with 2,220
farmers in the Anuradhapura district giving them a guaranteed price of
Rs. 35 per kilo. Since the maize plant takes only around three and a
half months to mature, farmers earn a profit of around Rs 150,000
growing two and a half acres of maize.
"Subsequently the maize is dehusked by another group who have been
provided with machines," he said. This project has been facilitated by
the Central Bank.
Wayamba Traders was established in 1993 as a sole trader
proprietorship specializing in imports, exports and local merchandise of
ago-commodities such as sesame seeds, black pepper, desiccated coconut,
nutmeg, cinnamon, garcinia, soya beans, maize and other agricultural
He said that he has also influenced farmers to grow sesame also to
export to these countries mainly to produce edible oil. "While winning
several achievement awards Wayamba Traders is also a large supplier of
commodities to the U.N. initiated child health programme in Sri Lanka."
Sadikeen said that one of the prime objectives of his company is to help
the country to narrow its trade deficit by helping to export more
"Our next project would be to export locally developed infant
food,Thriposha and we are looking at exporting this from the Hambantota
harbour since it's a free port" he disclosed. Sri Lanka from last year
became self sufficient in rice and will be exporting 50,000 mt tonnes to
many countries from this year.