NFRA starts buying maize from farmers

Written by  Mc Donald Gondwe

The National Food Reserve Agency (NFRA) through the Auction Holdings Limited Commodity Exchange (AHCX) has started buying maize from farmers at a price almost double the market price.

AHCX General Manager, Davis Manyenje AHCX General Manager, Davis Manyenje
14
August

AHCX is expected to buy 32000 metric tones of the maize in the first batch of the exercise which will incorporate small scale farmers and cooperatives.

 

AHCX General Manager, Davis Manyenje told MBC Online that there is a delegation across the country to roll out the exercise and farmers have started to bring fourth their maize.

 

“For Mzuzu we are booking in all cooperatives that had registered interest to supply maize and all is going on well.

 

“You may understand that government took a deliberate action this year to handle the exercise through NFRA to the AHCX and government advises us to accommodate everyone across the spectrum, the SME, the smallholder farmers, cooperatives as well as traders at large,” said Manyenje.

 

Manyenje added that in a bid to incorporate everyone in the exercise, the institution has set six locations in Luchenza, Limbe, Balaka, Lilongwe, Mzimba, Mzuzu, where farmers deliver their produce depending on the proximity.

 

“We are buying at relatively good price for the maize which will also enable farmers earn more; currently we buy K150 per Kilogram which is far much better price than the market price of K70 sometimes K90 per Kilogram.

 

Meanwhile the institution has put down assertion that it has delayed to buy the maize from farmers saying there were some few logistical issues to be sorted out before commencing the activity.

 

“We are not late, in fact we still have a lot of maize in the country’s silos, therefore we could not direct the maize to such silos and all this time we have been working closely with NFRA to ensuring another safe space for the commodity, as I speak the process has come to the conclusion,” said Manyenje.

 

The exercise comes at a time government has maintained its stance in assuring Malawians that no one will die of hunger in the country.

 

This has also been evident through its policies that necessitated availability of maize in the country’s silos and at ADMARC depots at a relatively cheaper price.

 

The Institution has put aside 5 billion Kwacha for this exercise.

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