Govt hikes Maize buying price to MK310

The government of Malawi through Ministry of Agriculture, Irrigation and Water Development has adjusted the maize buying price from K250 to K310 per kilogram with an aim of encouraging Malawians to sell maize to ADMARC.

Government has also extended the maize buying period to 29th February 2020.

According to the statement released on Wednesday seen by Faceofmalawi reporter, the move to extend the maize buying period has been arrived at to respond to Maize shortage in some parts of the country which experienced Maize production deficit in the 2018/2019 season.

The Government said it is convinced that the country has considerable stocks of Maize being held by private entities including individual traders.

“Hoarding of the maize stocks has resulted in some parts of the country to experience food insecurity,” government said.

The Government has since urged all traders, cooperatives and companies that are still keeping maize to avail their stocks at any ADMARC market or depot across the country.