News

Malawi Grain Prices Up Ahead of Lean Season

Published Nov 21, 2020

Tridge summary

Lilongwe, Malawi — THE prices of the staple maize grain and pulses in Malawi continue increasing as market-based demand surges and households deplete their stocks with the approach of the 2020/2021 lean season. Prices are mainly high in urban areas and the southern rural areas. The average price of maize has increased by 6 percent within the last fortnight.

Original content

Across markets monitored by the World Food Programme (WFP), maize grain prices were trading at a national average of MK190 (US$0,25) per kilogramme as of the second week of October 2020. WFP noted this represents a significant jump in the price of maize since the Survival Minimum Expenditure Basket (SMEB) monitoring started in April, suggesting the beginning of the lean season. With the purchase programme by the National Food Reserve Agency (NFRA) and the Agricultural Development and Marketing Corporation (ADMARC) underway and the approaching planting and lean season when demand is high, grain prices are expected to increase. WFP projects the prices at around MK215 to MK250 per kg. Statistics provided by the government and Food and Agricultural Organisation (FAO) indicated the southern region continued to record high maize prices per kg, estimated at MK217.9 up from MK202.2 in the first half of October 2020. This is an increase of 7,8 percent. The northern region of Malawi ...
Source: All Africa
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