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Wednesday 26 July 2017

FRA fix Maize floor price at K60

The Food Reserve Agency (FRA) will start purchasing maize from farmers on August 1st 2017, at K60 per 50 kg bag.
FRA Board Chairman Joe Simachela announced at a media briefing yesterday.

Mr. Simachela said the agency will purchase 500 000 metric tonnes of grain as the national strategic food reserve.
He further said the agency will operate 760 satellite depots during the 2017 crop marketing exercise, representing a reduction of 463 from 1223 satellite depots that FRA has operated in the past countrywide.
Speaking at the same event, FRA Executive Director Chola Kafwabulula assured the nation that everything is place in readiness for the commencement of the crop purchase.

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