Wed, 06 Sep 2017 13:39:56 +0000 By Chite Mtonga THE Food Reserve Agency (FRA) should conclude buying maize from farmers if market prices of the crop are to go up, says Economic Association of Zambia (EAZ) board member Phillipe Masengo. Mr Masengo told the Daily Nation in an interview that FRA should quickly finish buying maize from farmers if prices of the commodity were to go up. He said FRA buys maize for food security and its current buying price was not influenced by market forces. “FRA buys maize for food security in the country, so the agency does not consider how much the farmer puts in or how much maize we have on the market, individuals just set the buying prices, what they should do is to announce that they have concluded buying maize from farmers so that farmers can sell their maize somewhere else at a higher price. “Yes, inflation has come down and the price of […]
