Grain producer prices increased

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Harare (New Ziana) – Cabinet on Tuesday approved an upward review of
maize, traditional grains, soyabean and sunflower to cushion farmers
from high production costs.

Addressing a post Cabinet briefing, Information, Media and Broadcasting
Services Minister Monica Mutsvangwa said the reviews were expected to
maintain farmer viability and profitability.

“Cabinet noted that in order to maintain farmer viability and
profitability, there is need to review the prices for maize, traditional
grains, soyabean and sunflower so that they are in sync with existing
economic realities. A good price that promotes sustainable growth of a
particular value chain is that which allows the farmer to realize at
least a 15 per cent profit margin.

“The nation is being informed that Cbinet approved as follows: that the
maize floor producer price be ZWL$75 000.00/TMT; that the traditional
grains floor producer price be ZWL$75 000.00/MT; that the soya bean
floor producer price be set at ZW$171 495.00/MT; and that the sunflower
floor producer price be set at ZW$205 794.52/MT,” she said.

Meanwhile, Mutsvangwa said preparations for the 2022/2023 summer
agricultural season had been brought forward from August to April, in
order to deal with the perennial challenges around food security in the
country.

She said the COVID-19 pandemic, climate change, as well as geo-political
conflicts had disrupted global supply chains for grain and agricultural
inputs, with the resultant price escalations highlighting the need to
intensify local production.

“Cropping targets for the 2022/2023 summer season include 3 million
metric tons for maize; a combined 467 000 mt for traditional grains; 140
000 mt for soyabeans; 82 500 metric tons for sunflower; and 350 000 mt
for groundnuts, with cotton and tobacco production also expected to more
than double on previous production levels,” she said.

New Ziana

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