MWNation (Malawi) published an article on maize prices in the country. The government raised the maize buying prices for the country’s strategic grain reserves and it has fueled a rise in retail maize prices on the produce market. in the IFPRI-Malawi project note titled Can a maize price band work in Malawi?, the authors argue that price volatility together with operational challenges and high budgetary costs make it very difficult for Malawi to stabilize either retail or farmgate maize prices using a price band combined with a buffer stock. IFPRI argued that Treasury needs to inject at least K100 billion annually in buffer stock maize purchases if prices of the staple commodity is to be stabilized.
Traders fault govt on maize prices (MW Nation)
September 26, 2020