Producer price of grains and oilseeds increased by 33 percent in Zimbabwe

Source: Producer price of grains, oilseeds increased 33pc | Herald (Top Stories) Elita Chikwati/Lesego Valela Herald Reporters PRODUCER prices for maize, traditional summer grains, soyabeans and sunflower seed were increased by 33 percent yesterday by the Grain Marketing Board, with the US$90 a tonne incentive for all summer grains and oil seeds retained. The producer price for maize and traditional grains rose to $100 000 plus US$90 a tonne, up from $75 000 and US$90 a tonne. Soyabeans were increased to $228 666 and US$90 per tonne up from $171 495 plus $90 per tonne. Sunflower seed rose to $274 392 and US$90 per tonne up from $205 794 and US$90 per tonne. GMB chief executive Mr Rockie Mutenha encouraged farmers to deliver their harvests immediately to the nearest depot or collection point. “We are also encouraging farmers who had not opened their nostro accounts to do so to enable us to deposit their foreign currency component,” he said. Zimbabwe Commercial Farmers Union ...