Zimbabwe to increase wheat price

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Government is set to increase wheat prices if ongoing negotiations with farmers’ representatives end well.

The Grain Marketing Board (GMB) pays $500 for a tonne of wheat and indications are that the price might be reviewed upwards. In an interview with The Herald, GMB deputy general manager operations Lawrence Jasi confirmed there are negotiations for the upward review of the prices. Said Jasi:

We are now in the harvesting period for the winter crop. Farmers have already started delivering wheat to GMB. As we speak, we have received 9 000 tonnes of wheat at our depots. At the moment there are talks that Government can review upwards wheat prices. We were buying maize at $390 per tonne, Soya at $780 per tonne and wheat was at $500 per tonne.

pindula.co.zw

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