By ZBC Reporter
Following a successful wheat cropping season Zimbabwe is set to become wheat self-sufficient for the first time since 2005.
This was revealed by the Minister of Information,Publicity and Broadcasting Services Senator Monica Mutsvangwa during a Post-Cabinet Media Briefing in Harare this Tuesday.
The nation is being informed that following a successful wheat season, Zimbabwe is anticipating a volume of more than 300 000 metric tones of the cereal, against a national annual requirement of 360 000 metric tonnes. This is on the backdrop of the current national wheat stocks which stand at 70 000 metric tonnes, making Zimbabwe wheat self-sufficient for the first time since 2005,she said.
She also indicated the approval by Cabinet for the upward review of the producer price of wheat which was presented by the Minister of Lands, Agriculture, Fisheries, Water and Rural Resettlement, Hon. Dr. Anxious Masuka, as the Acting Chairperson of the Cabinet Committee on Food Security and Nutrition.
Cabinet has approved an upward review of the wheat floor producer price to ZW$55 517.69 per mt for ordinary grade wheat at a 15% return on investment, and ZW$66 621.22 per mt for premium grade wheat during the 2021 marketing season. This will enable farmers to go back into production,she added.
Since farmers expect viability in their operations the upward review of the producer prices is being necessitated by changes in input prices which in turn resulted in higher production costs.
A viable producer price will thus incentivise farmers to deliver their wheat crop to the Grain Marketing Board with the GMB having made adequate preparations for the 2021 wheat intake.
Government also noted that it will avail the requisite funds to pay for deliveries.
The harvesting of the wheat is expected to commence this week, and should be completed by mid-November 2021.