New harvest brings relief in maize prices

Zim projects record maize harvest  - Zimbabwe Situation

Source: Zim projects record maize harvest –Newsday Zimbabwe ZIMBABWE is expecting approximately 2,2 million tonnes of maize from the 2024/25 agricultural season, the fourth-highest yield in the country’s history, government has said. During post-Cabinet media briefing in Harare yesterday, Information Publicity and Broadcasting Services minister Jenfan Muswere said the rebound came after a challenging 2023/24 El Nino-induced drought, which was ma…

New harvest brings relief in maize prices

Retail prices of maize declined by an average of 25 percent in March owing to newly harvested maize on the market, an International Food Policy Research Institute (Ifpri) maize market report indicates. According to the report, the depreciation of the Malawi Kwacha against neighbouring currencies at the informal exchange rates used for most cross-border maize trade slowed down in March, which further eased pressure on prices. The decline follows …