The Zimbabwean government announces new grain producer prices

Published 2023년 4월 22일

Tridge summary

The Zimbabwean government has announced new producer prices for strategic crops including maize, traditional grains, soyabean, and sunflower. The prices will be paid by the Grain Marketing Board (GMB). The maize and traditional grains producer price is set at US$335 per metric tonne, with half paid in foreign currency and the rest in Zimbabwean dollars at the current interbank rate. Soyabeans and sunflower will attract US$580 and US$696 per tonne respectively, also partially paid in foreign currency and the rest in Zimbabwean dollars. These prices can now be bought back by all contractors.

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Original content

Source: Govt announces new grain producer prices –Newsday Zimbabwe GOVERNMENT has announced new producer prices for strategic crops such as maize, traditional grains, soyabean, and sunflower. The announcement was made in Harare yesterday by Lands, Agriculture, Fisheries, Water and Rural Development minister Anxious Masuka. The Grain Marketing Board (GMB) will pay a floor producer price of US$335 per metric tonne for maize and traditional grains. For soyabeans and sunflower, GMB will pay US$580 and US$696, per tonne, respectively. The prices will be partly paid in foreign currency and the remainder in Zimbabwe dollars at the prevailing interbank rate. Said Masuka: “A floor producer price of US$335 per metric tonne of maize and traditional grains is paid to farmers by GMB as US$200 in ...

Source: Zimbabwesituation