Government cushions farmers

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Information Minister Monica Mutsvangwa

THE government has reviewed upwards the producer prices of all crops amid complaints by farmers that they were no longer viable owing to incessant increases in prices of fuel and inputs in the country.

Addressing a post-Cabinet media briefing yesterday Information minister Monica Mutsvangwa, pictured, said it had been noted that in order to maintain farmer viability and profitability there was a  need to review the prices for maize, traditional grains, soybean and sunflower “so that they are in sync with existing economic realities”.

“A good price that promotes sustainable growth of a particular value chain is that which allows the farmer to realize at least a 15 percent profit margin.

“The nation is being informed that the Cabinet approved that the maize floor producer price per metric tonne be $75 000.00, traditional grains floor producer price be $75 000.00; soya bean be set at $171,495; and that the sunflower floor producer price be set at $205,794.52,” Mutsvangwa said.

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