Categories: BusinessZim Latest

Gvt sets wheat producer price at US$620/ tonne

The government has pegged the wheat producer price at US$620/ tonne, while premium wheat will fetch US$682/tonne.

The Ministry of Agriculture says of the US$620; US$200 will be paid while the remainder will be paid at the local currency exchange rate.

Apparently, the government says the country’s current wheat stock stands at 52 167 metric tonnes and will provide two months cover at a consumption rate of 21 000 metric tonnes per month.

Minister of Information Monica Mutsvangwa told post cabinet briefing yesterday that
harvesting of the 2022 winter wheat crop has commenced in many parts of the country adding that preparations for purchasing the crop are underway resulting in the country attaining wheat self sufficiency.

She said the country has sufficient grain to last until the next harvest in 2023.



Recent Posts

Man Caught Red-Handed Lula Lula With Donkey in Mvurwi

Residents of Mvurwi were left in shock by a disturbing incident involving a man caught… Read More

25th February 2024

Minor (1) dies from burns after boiling pot fell on her

The Zimbabwe Republic Police (ZRP) has reported a sad incident which occurred at a house… Read More

24th February 2024

1 person killed, another injured in fatal RTA

File image The Zimbabwe Republic Police (ZRP) has confirmed a fatal road traffic accident which… Read More

23rd February 2024

RBZ Gold Coin and Gold-backed Digital Token Prices – 23 February 2024

The Reserve Bank of Zimbabwe -RBZ- has released the latest prices for the gold coins… Read More

23rd February 2024

The Rise of Peptide Use in Improving Endurance and Strength in Sports

In the world of sports performance enhancement, athletes are constantly seeking new methods to gain… Read More

23rd February 2024

Zim beauty queen in top 5 for Miss World Head to Head Challenge

Zimbabwean beauty queen, Nokutenda Marumba is in the top five at the Miss World Head… Read More

23rd February 2024