Some farmers in Chipata district in Eastern province have opted to hoard their maize hoping for a higher price by the private sector .
Chipata District Farmers Association (CDFA) coordinator Virgil Malambo says some farmers in the area are infact opposed to the K65 per 50 kilogram bag being offered by Food Reserve Agency (FRA).
ZANIS reports that Mr Malambo said in an interview that the farmers are disappointed with Government’s failure to increase the maize price and stated that the announced K65 floor price is the bargaining for the commodity.
He noted that private buyers cannot buy at a higher price compared to Government.
He stated that it could have been better if last year’s market floor price of K85 had been maintained saying the K25 reduction is a mockery because most of the farmers did not benefit from the subsidized inputs under the Farmer Input Support Program (FISP).
The CDFA coordinator said the farmers spent a lot on inputs and that they may not recover their monies even after the marketing season.
He said that farmers only make money once in a year and that this is after they sale their produce and that it is disheartening that they will this year incur losses.
He has since appealed to Government to consider the plight of poor farmers who solely depend on maize production to make ends meet.
Mr Malambo said most of them will not be able to pay school fees for their children and that this could lead them to drop out of school.