The 2007/08 agricultural seasons saw very poor yields throughout Zimbabwe because of a bad rainy season. Consequently, there was a shortage of grain to meet the national requirements. The government was paying the following producer prices:

  • Maize per tonne Z$4,582
  • Maize seed per tonne Z$13,000

The program commenced in May 2008, and a grain mobilizing committee was set up comprising officers from the Reserve Bank of Zimbabwe, Grain Marketing Board (GMB) and Agritex. The government was mobilizing grain from all farming sectors to a centralized GMB facility in order to build strategic stocks in addition to ongoing imports.

Objectives

The main objectives of the intervention were as follows:

  • to urgently procure excess maize and small grains from farmers in order to boost the national strategic grain reserve;
  • to ensure timely payments to farmers for their grain;
  • to mitigate inflationary pressures by paying farmers for their produce even before they supply the crop to enable them purchase inputs for subsequent seasons; and
  • to save scarce foreign currency resources and channel them for other critical supplementary food imports.[1]

References

  1. Evangelista Mudzonga, Tendai Chigwada [1], Trade Knowledge Network, Accessed: 24 July, 2020