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The Zimbabwean government had agreed to pay farmers 13 percent more for their maize to help boost deliveries to the state which is facing food shortages, Channel Africa reported on Wednesday.
The report quoted Agriculture Minister Joseph Made as saying that farmers would be paid US $154 per mt of maize. According to news reports, the price hike was also aimed at cushioning farmers from increasing harvesting and marketing costs. The report said that under new rules introduced earlier this year, farmers have been forced to sell all their maize to the parastatal Grain Marketing Board. According to the report, the new prices would be backdated to apply to maize delivered since the start of Zimbabwe’s maize marketing season in April.
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