Govt sets new producer prices

Source: Govt sets new producer prices | The Herald April 10, 2019

Govt sets new producer pricesMinister Mutsvangwa

Tendai Mugabe Senior Reporter
Government has set new producer prices for various crops for the 2019-2020 farming season reflective of the current economic situation and are expected to help farmers to execute their agricultural business.

The new prices were announced by Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa during her brief of decisions made by Cabinet in Harare yesterday.

Minister Mutsvangwa assured the nation that Government was working to ensure food security in the country following a preliminary report on cereal sufficiency for 2018-2019 by Lands, Agriculture, Water, Climate and Rural Resettlement Minister Perrance Shiri.

Minister Mutsvangwa also updated the media on the progress Government had registered on the tender for the construction of dams in the country.

Further, in line with Vision 2030 target of having a world class road network, Minister Mutsvangwa shared information on progress registered on three major road projects.

“Cabinet approved the proposal by the Minister of Lands, Agriculture, Water, Climate and Rural Resettlement to review the producer prices for maize, small grains, wheat, soya beans and cotton as follows, maize and small grains, RTGS$726 per tonne, wheat RTGS$1 089,68, soyabean, RTGS$918 and cotton RTGS$1 950 per tonne,” said Minister Mutsvangwa.

“Cabinet also approved that the 38, 5 percent subsidy on the selling price to millers be maintained in order to prevent increases in the retail prices. In US dollar terms, the prices are now aligned to the import parity prices in the region.”

Minister Mutsvangwa continued: “Cabinet received a preliminary cereal sufficiency report for 2018/2019 agricultural season from the Minister of Lands, Agriculture, Water, Climate and Rural Resettlement. The report showed that cereal production in 2018-2019 is projected at 714 598 tonnes of cereal grains. This excludes what we have in the Strategic Grain Reserve at GMB. Government is taking steps to ensure that the national food security is guaranteed.

“Cabinet received from the Minister of Lands, Agriculture, Water, Climate and Rural Resettlement an update on water infrastructure tender flighted on 01 March 2019 by his ministry.

“The tender, which closes on 3 May, 2019, is soliciting for potential investments for the development of 19 large dams and water supply projects under Build, Own, Operate and Transfer arrangements. The water infrastructure development projects upon completion will augment water supply for urban, industrial and agricultural use.”

With regards to the three road projects, Minister Mutsvangwa said: “Cabinet received an update from the Minister of Transport and Infrastructural Development on the priority road infrastructure projects to be undertaken under Public Private Partnership.

“The road projects are as follows Mvurwi-Guruve-Kanyemba, Beitbridge-Bulawayo-Victoria Falls and Gweru-Buchwa-Rutenga-Boli-Sango.

“Cabinet directed that due to the urgency of the road projects, the investors should immediately commence works on the projects assigned to them by 8th April, 2019.”