Malawi Grain Prices Up Ahead of Lean Season

Published 2020년 11월 20일

Tridge summary

The article highlights the rising prices of staple foods, including maize and pulses, in Malawi as households deplete their stocks in anticipation of the 2020/2021 lean season. Urban areas and southern rural regions are experiencing the most significant price increases. The World Food Programme expects further price hikes due to the purchase programmes by the National Food Reserve Agency and the Agricultural Development and Marketing Corporation. The government and Food and Agricultural Organisation also report increases in maize prices in the southern region. Prices for other crops and pulses are also rising, with the World Food Programme predicting further increases during the rainy season.

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Original content

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. 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. ...

Source: All Africa