Business
GOVERNMENT HIKES BUYING PRICES FOR MAIZE
November 11, 2019 / Tawonga Nyirenda Mayuni
The Malawi Government has hiked the buying price of maize at all Agricultural Development and Marketing Corporation (Admarc) rural markets and depots from K150 to K250 per kilogramme. Secretary for the Ministry of Agriculture, Irrigation and Water Development Grey Nyandule-Phiri says in a statement that the move is aimed attaining national food security as it will attract more farmers stocking maize to sell to the parastatal. Nyandule-Phiri says the government has made the decision to hike the buying price for the staple food crop after noticing that there was a slow pace of inflows to Admarc implying that the previous buying price was not attractive to farmers. “Government has, therefore, revised the buying price to K250 per kilogram for all maize delivered to Admarc depots and K230 per kilogram for all maize delivered to Admarc rural markets,” he said. The Ministry has since given local farmers and traders two weeks to sell their maize to any Admarc markets and depots, and says it will seek importation of maize from suppliers identified outside the country if it fails to secure enough maize by November 25, 2019. The Malawi Government commissioned the Strategic Grain Reserve with the aim of stocking maize. Nyandule-Phiri says the arrangement has assisted in ensuring that the country has maize stocks in adequate quantities acquired through procurement by Admarc and National Food Reserve Agency.
The Malawi Government has hiked the buying price of maize at all Agricultural Development and Marketing Corporation (Admarc) rural markets and depots from K150 to K250 per kilogramme.
Secretary for the Ministry of Agriculture, Irrigation and Water Development Grey Nyandule-Phiri says in a statement that the move is aimed at attaining national food security as it will attract more farmers stocking maize to sell to the parastatal.
Nyandule-Phiri says the government has made the decision to hike the buying price for the staple food crop after noticing that there was a slow pace of inflows to Admarc implying that the previous buying price was not attractive to farmers.
“Government has, therefore, revised the buying price to K250 per kilogram for all maize delivered to Admarc depots and K230 per kilogram for all maize delivered to Admarc rural markets,” he said.
The Ministry has since given local farmers and traders two weeks to sell their maize to any Admarc markets and depots, and says it will seek importation of maize from suppliers identified outside the country if it fails to secure enough maize by November 25, 2019.
The Malawi Government commissioned the Strategic Grain Reserve with the aim of stocking maize.
Nyandule-Phiri says the arrangement has assisted in ensuring that the country has maize stocks in adequate quantities acquired through procurement by Admarc and National Food Reserve Agency.
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The establishment of a stable and self-sustaining ecosystem, but not necessarily the one that existed before mining began. In many cases, complete restoration may be impossible, but successful remediation, reclamation, and rehabilitation can result in the timely establishment of a functional ecosystem.
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