Seed cotton price is no longer subsidized in Mozambique

The GOVERNMENT ceases to subsidize the price of seedcotton in the present agrarian campaign in the country, unlike what happened in the previous one, in which, in an unprecedented way, it invested 240 million meticais to guarantee the maintenance of the minimum price. The information was shared by the minister of Agriculture and Rural Development, Celso Correia, in Netia, Monapo district, Nampula province, after the cotton companies had guaranteed that they would be responsible for maintaining the price of 25 meticais per kilo in the current campaign. “This year, due to the good performance, there will be no need for a price subsidy by the Government. We want to congratulate the parties involved and, once again, make reference to the level of organization that allows for a dialogue oriented towards results”, said the minister. Consensus was reached after negotiations between producers and development companies, brokered by the Government. The price of 25 meticais per kilo was ...