Price of millet grains increase to double against last year

l1 sskm
Millet plants thriving in farmland to double production.

The millet grains from various regions are abundantly flowing into the Mandalay market. The price has increased to double this year compared to last year’s rate, according to traders from Mandalay city.
The millets are utilized in making medicine and brewing beer or alcohol. That being so, the demand is pretty high in both domestic and foreign markets. The yield is high this year on account of the favourable weather this year. The price rose from K30,000 to K61,000 per three-basket bag during the harvest this year, said Soe Win Myint, an owner of Soe Win Myint depot from Mandalay.
“Millets are included in grains or species of cereal grasses. They are foreign species grown in Myanmar. The millets are widely grown in the central Myanmar regions and the growers reap success in this as they are climate resilient crops. They are highly demanded by brewers in Mongmit, Mogok and Monglon areas. They are exported to China in winter. The strong demand keeps the price high. They are commonly grown once a year. The price remains high and there is a probability of price rise this year,” he continued.
Large supplies of millets from Kyaukse, Thedaw, Wundwin, Taungtha, Myingyan, Mahlaing and Monywa areas are entering the Mandalay. The millets traders are doing a roaring trade for now.
They are grown in June and July and harvested in October and November. They are commonly found in Mandalay, Sagaing and Magway regions. There is no need to use pesticide and fertilizer so it is the cheapest cost-effective crop to be grown.—Min Htet Aung (Mandalay Sub-printing House)/EMM

Share this post
Hot News
Hot News
Thanlyin real estate attracts buyers, predicted to be better when bridge construction completes
Innovative bamboo products find growing demand in local market as natural decorations spread
Site museum displaying artefacts excavated from ancient Pyu Pinle (Maingmaw) City recommended
FXB Myanmar’s sewing, carpentry and welding free training courses draw a lot of attention
SAC Chairman Prime Minister Senior General Min Aung Hlaing and his wife Daw Kyu Kyu Hla, council members and their wives pour water on banyan trees
Myanmar’s chargé d’affaires attends ASEAN meeting with US Defence Official in Washington
Nay Pyi Taw hosts reading session on Buddha Day
Gala Dhamma ceremony marks Buddha Day on full moon of Kason 1386 ME
SAC Chairman Prime Minister Senior General Min Aung Hlaing, wife Daw Kyu Kyu Hla offer day meals to members of the Sangha who attended the ceremony of marking Buddha Day on Full Moon Day of Kason 2024
16th Kason Water-Pouring Event held at Uppatasanti Pagoda