Online Reporter
Edgar Vhera
THE Zimbabwe Mercantile Exchange (ZMX) has set up various grain collection centres in Hurungwe, Mashonaland West to buy maize directly from farmers.
In a notice, the ZMX said sales will be conducted today and tomorrow.
“Attention farmers, we will be buying maize in Hurungwe directly from farmers, at very good prices September 3 and 4. Bring maize to these collection points: Kapfunde, Kasimure, Karoi, Matiki, Mauya, Mudzimu, Moroko, Nyarumwe and Zvarai.”
The Government liberalised the marketing of grain this season.
Grain marketing will be based on climate-proofed Presidential Input Scheme (PIS)(Pfumvudza/Intwasa), self-financed, private contractor financed, Agricultural and Rural Development Authority (ARDA) financed and National Enhanced Agriculture Productivity Scheme (NEAPS) financed by Agriculture Finance Corporation (AFC), Commercial Bank of Zimbabwe (CBZ) and NMB.
According to the Lands, Agriculture, Fisheries, Water and Rural Development Minister, Dr Anxious Masuka, the Grain Marketing Board (GMB) will purchase all strategic commodities financed under the PIS and will be the buyer of last resort.
“The ZMX will provide a central warehouse receipt system and a spot market trading platform for agricultural commodities,” he said.
“Self-financed farmers will sell to the best advantage on the market or to GMB, with the latter providing commercial warehouse receipt services to all players.”
