Mozambique produces above-average corn and prices are falling

The production of corn in the 2020/21 season may be within or above the average in the country and the price of the grain began to fall in April, according to an analysis consulted this Monday by Lusa on one of the food bases. "In April, with the beginning of the harvest, the price of corn grain decreased between 6% and 45% compared to March", reads the document from the Early Warning Network on Hunger (Fewers network, English acronym), which reads supports the actions of government and humanitarian agencies. It is estimated that the price of maize grain “continues to decrease” until July, as it happens seasonally, driven by “increased availability in local markets”. On the other hand, “the price of maize flour and rice remained stable between March and April”. "The appreciation of the metical against the dollar should lead to a stabilization of corn flour and rice prices and it is unlikely that prices will fall in the short term", the network forecasts. Most of the population ...