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Herald Reporter
Government has approved the upward review of the wheat producer price as the country expects a higher yield.
Grain Marketing Board chief executive, Mr Rockie Mutenha, said the new price was with immediate effect.
“Utility or ordinary wheat average price is now $43 778,84 per tonne, while grade A wheat will be paid a premium price of 20 percent above the utility grade to $52 534,61.
“These prices are with immediate effect.”
Wheat prices had been pegged at $11 786, 44 per tonne while grade A wheat was pegged at $14 143,73 per tonne.
Zimbabwe expects a decent wheat harvest this year after Government supported farmers.
Online Reporter