Sun, 03 Sep 2017 12:53:41 +0000 By OSCAR MALIPENGA WHEAT growers have recommended an increase of U$S20 to U$S30 per ton this marketing season because of 75 percent increase of electricity tariff and have vowed to sell the commodity at a regional price. Zambia Wheat Growers chairman Donald Burton said the growers made the recommendation after taking production cost aspects into consideration. This means that the price of a loaf of bread would also rise. He told Sunday Nation that wheat growers were importing fertilizer and chemicals from South Africa and that electricity had been increased by 75 percent, hence the recommended increase. This means millers will now be buying wheat from growers at a minimum of U$S420 per ton this season compared to U$S370 regional price per ton. Mr Burton, explained that although the regional price was cheaper, millers were still paying more than U$S420 to U$S450 on imported wheat from the South Africa […]
WHEAT PRICE HIKED JUSTIFIED
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