Cabinet approved a new wheat producer selling price of US$630 per metric tonne (MT) for the 2018/2019 Agricultural Marketing Season.
Minister of Information, Publicity and Broadcasting Services, Hon Monica Mutsvangwa also saod Cabinet agreed on measures to boost local wheat production. Said Mutsvangwa:
Following a presentation by Minister of Finance and Economic Development, as Chairman of the Cabinet Committee on Industrial and Economic Development, Cabinet approved a wheat producer selling price of US$630 per metric tonne (MT) for the 2018/2019 Agricultural Marketing Season. The approved wheat producer price takes into consideration the need to boost production, thereby improving food security. Cabinet further agreed on measures to boost local wheat production as follows: that grain millers and bakers be facilitated to venture into wheat production for their specific needs; that appropriate schemes be instituted to insure the wheat crop so as to encourage farmers to venture into wheat production; and that a programme be undertaken to systematically address the high cost of locally produced fertilisers and other inputs so as to render local products more competitive.