Government has reiterated its announcement on the implementation of a special initiative to mop up excess grain stocks in the country.
As part of this initiative, the government set the purchase price of grains at US$390 per metric ton for the 2022/2023 season.
In a statement, the Minister of Information, Publicity and Broadcasting Services, Dr Jenfan Muswere, explained the rationale behind the pricing.
“The decision to establish a purchase price of $390 per metric ton for grains is aimed at incentivising farmers to sell their surplus stocks to designated grain collection points across the country. By providing a competitive price, the government seeks to facilitate the orderly sale of excess grains, thereby preventing wastage, reducing post-harvest losses, and promoting market equilibrium,” he said.
He added, “The Government encourages all farmers who have excess grain stocks to take advantage of this opportunity and participate in the government’s grain mop-up program. Selling grains to authorised collection points at the designated purchase price not only benefits individual farmers but also contributes to national food security and agricultural sustainability.”
Dr Muswere also put to fact government’s unquestionable support to farmers.
“It is important to note that the government remains committed to supporting farmers and ensuring fair compensation for their produce. The purchase price of $390 per metric ton reflects the government’s dedication to providing competitive market rates and fostering a conducive environment for agricultural development and prosperity.
“The government will work closely with relevant stakeholders to facilitate the smooth implementation of the grain mop-up program and ensure transparency, accountability, and efficiency in the grain procurement process,” he explained.