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Govt proposes maize price of US$380/MT

Local News
Govt proposes maize price of US$380/MT

GOVERNMENT has proposed a planning price of US$380 per metric tonne for maize and traditional grains for the 2025/26 cropping season, up from the current price of US$376/MT.

The proposed price is aimed at helping farmers make informed production decisions ahead of the planting season.

The price determination is in line with the approved cost-plus pricing model, and includes a 15% margin above the break-even price.

It also takes into consideration the average import parity price of US$385 per metric tonne.

The proposed adjustment is expected to result in an almost 12% increase in the price of a 10kg bag of roller meal, from US$6,70 to US$7,50.

The recommended incentive planning prices for soyabean and sunflower remain unchanged at US$580/MT and US$668/MT, respectively.

Under the proposed framework, the Grain Marketing Board (GMB) will receive maize delivered by farmers participating under the Presidential Input Scheme and the Agricultural and Rural Development Authority (ARDA).

GMB chief executive Edson Badarai reaffirmed the organisation’s commitment to supporting national food security and farmer viability.

“GMB is dedicated to maintaining a pivotal role in the agricultural stabilisation and transformation agenda,” he said.

“This commitment is reflected in the strategic pricing aimed at supporting farmers and ensuring food security.”

Government is implementing several interventions to reduce the high cost of production and enhance competitiveness against import parity prices from major grain-producing countries.

The effectiveness of the proposed pricing structure is expected to depend largely on the government’s ability to make prompt payments to farmers, which has been a perennial challenge in previous seasons

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