9.5 C
Alba Iulia
Tuesday, August 11, 2020

Farmers Union and FRA fail to reach agreement on the Maize Price

Economy Farmers Union and FRA fail to reach agreement on the Maize Price

Re-bagged sacks of maize awaiting FRA officials to buy from farmersTHE Food Reserve Agency (FRA) and Zambia National Farmers Union (ZNFU) yesterday failed to reach an agreement over calls by various stakeholders to revisit the K60 price for a
50kg bag of maize announced by the agency recently.

In a statement yesterday, jointly signed by FRA executive director Chola Kafwabulula and ZNFU acting executive director Ella Chembe, the FRA management pledged to call for an urgent board meeting to discuss the matter.

“The meeting is aimed at presenting the farmers’ position and the final decision will be announced within the course of next week,” the statement reads in part.

And sources within FRA told the Daily Mail yesterday that the agency has received overwhelming response from farmers in Luapula and Eastern provinces, where the sale of maize is going on well.

The source said farmers in the two provinces are selling their maize to FRA because they do not incur any transportation costs because the agency buys maize from farmers’ homes.

On Monday, ZNFU president Jervis Zimba called for an urgent meeting with FRA after receiving numerous complaints from farmers over what they have termed as exploitative price of their commodity.

ZNFU wants FRA to act in the best interest of famers by making an upward adjustment of the price of the commodity.

Mr Zimba urged farmers country-wide to be patient and hold on to their maize until the two parties resolve the stand-off.

He said ZNFU will not allow farmers to be exploited after investing so much money in the production of their maize.

7 COMMENTS

  1. The liberal market works like this :

    In case the maize price goes up, FRA buys that maize and sells it at a subsidised price to millers. FRA incurs huge losses. Boma even blocks exports to manipulate the price down

    However if maize prices fall, government says its a matter of supply and demand.

    Thats called a liberalised economy

  2. what do you mean by saying that they do not incur any transport cost in Luapula? even in Milenge? or milenge is not part of Luapula? be sincere when responding please

Comments are closed.

- Advertisement -
Loading...
- Advertisement -

Latest News

Challenges of raising an autistic child

In this episode of Studio Ken, two parents - Mainza and Len Kawanu - discuss the challenges of raising...

Kamanga Congratuates Champions Nkana

FAZ President Andrew Kamanga has congratulated newly crowned FAZ Super Division champions Nkana and also given his side of the story on the controversial...

Zesco United Congratulate Successors Nkana

Outgoing FAZ Super Division champions Zesco United have congratulated Nkana for winning the 2019/20 league title. Nkana were on Sunday crowned league winners of the...

Ndola Lime Company not sold-ZCCM-IH

The ZCCM-IH has denied signing a memorandum of understanding Global Human Benefit Zambia Limited for the sale of a 65% stake and the...

Cabinet Approves Introduction of Bills to Provide for Economic Processing and Exportation of Cannabis

Cabinet has at its 18th meeting today approved, in principle, to the introduction of Bills in Parliament to provide for cultivation, processing and exportation...

More Articles In This Category