admin
dictates.
“Any effort by any buyer or association to thwart competition will result in AMA taking firm action against the offender.
“Competition is encouraged at common buying points once the farmer has fulfilled his or her obligation,” said AMA.
AMA said seed cotton contracts were volume-based as enshrined in Statutory Instrument 63 of 2011.
“The farmer can then sell his free cotton to the company offering the highest price,” read the statement.
Buyers are licensed to buy seed cotton only in areas they financed and from designated common buying points.
Zimbabwe Commercial Farmers Union vice president Mr Johnson Mapira welcomed AMA’s move to deal with buyers who do not want to promote competition in the sector.
He said competition on prices being offered for cotton was the only incentive for farmers to go back to the land next season. Mr Mapira said some areas were not suitable for other crops except cotton so it was important for the growers to get good prices.
Online Reporter