The Times (Malawi) published an article on how traders are buying grain below K150 per kg (the government set minimum price). ADMARC recently asked the government to reduce the K150 maize farm gate price per kg in order to export its surplus maize. These developments have left the poor farmers with no option but to sell their maize produce at a lower price to private traders. An IFPRI report released in April showed that maize prices remain lower in Malawi than in selected markets in the eastern Africa. “Retail maize prices for old maize harvested in the 2019/20 season decreased by 4.7 percent during the month of April. New maize that has recently been harvested continues to be sold at a discount to old maize,” reads the report.
Government ignored on maize prices (The Times)
June 19, 2021