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‘Zim has the highest maize producer price’

25 May, 2014 - 00:05 0 Views

The Sunday Mail

Zimbabwe maize producer price is the highest in the region, the Grain Millers’ Association of Zimbabwe (GMAZ) has said. Farmers have been complaining that the price being offered by millers was not viable. Farmers say the $310 per tonne that GMAZ was offering was too low.GMAZ chairperson Mr Tafadzwa Musarara said farmers in most countries are subsidised by their governments to enable them to break even.
“Countries like Zambia, South Africa and Malawi have produced in surplus this season and have since introduced policies and prices that are favourable to exporters,” said Mr Musarara.

“However, these countries have a heavily subsidised maize production therefore managing to maintain prices as low as $205 per tonne with the highest standing at $310 as the landing price in Zimbabwe.”

He however, commended local maize for its high quality when compared to imports.

Mr Musarara said his association had engaged traders in neighbouring countries to assist its members with funding for grain procurement considering that Zimbabwe was currently facing liquidity challenges.

Private millers are targeting to purchase over 614 000mt of grain from local farmers this year at a value of US$196 million.

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