Wheat producer price reviewed

Wheat producer price reviewed

Wheat producer price reviewed
GMB Silos

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.

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