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13 February 2008

Gold Strike is EV+CER's new high-yielding corn

East Coast Economic Region (ECER) is planting a new breed of high-yielding corn which brings 85 per cent more return on investment.In a statement yesterday, ECER said the hybrid corn is being introduced by the Hulu Terengganu Department of Agriculture as part of ECER's agriculture initiative.Under the endeavour, a 200ha farm in Kuala Berang has been earmarked for corn farming which forms a dominant part of the self-sustaining Bachok-Besut-Setiu-Kuala Berang Agro Valley for vegetables and short-term crops.Terengganu Department of Agriculutre director Mohd Yusof Maidin said based on its study, the Gold Strike sweet corn selected as the new hybrid is the most resistant to plant diseases, gives better revenue, produces bigger ears of corn and has been successfully cultivated.The initial plantation phase, which started in December 2007, will cover 58ha of land involving 144 farmers."Although the cost of growing the Gold Strike hybrid sweet corn is higher than the usual Thai Super Sweet corn, income from the new hybrid is more than double compared to the Thai Super Sweet," said Mohd Yusof.The cost of planting the hybrid sweet corn is estimated at RM4,832 per ha with an expected income of RM12,600 per ha per seaso,n while the estimated cost of planting Thai Super Sweet corn is about RM3,352 with estimated income of RM5,500 per ha per season.The corn plantation effort is also expected to provide additional income for local farmers through contract farming with anchor companies.In 2006, Malaysia imported 200 tonnes of corn worth US$200,000 (RM683,000) from China followed by New Zealand with 140 tonnes worth US$170,000 (RM580,600).Malaysia also imports 100 tonnes from Thailand worth US$50,000 (RM170,600) and 70 tonnes from the US worth US$80,000 (RM273,000).The US is the largest corn producer in the world with a total of 270 million tonnes of corn produced annually, commanding almost half of the world's harvest

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