FOOD Reserve Agency (FRÀ) recently announced the price of a 50kg bag of maize through the board chairman, Mr Joe Simachela.Mr Simachela announced the floor price of a 50 Kg bag of maize at K65.00.
The price has increased by K5 from the previous season.
FRA said the agency consulted widely before arriving at this marketing price for the commodity.
Millers Association of Zambia (MAZ) and Zambia National Farmers Union (ZNFU) were cited as some of the stakeholders consulted regarding the floor price of maize.
The farmers have bemoaned the low price of maize as announced by FRA.
They have a valid reason to refuse the K65.00 price of maize as set by the agency.
This is because the farmers spent a lot of money on seeds, farming inputs, labour cost and chemicals.
With this low price for the commodity, farmers are not motivated to continue producing more maize in the subsequent farming seasons.
What is certain is that agriculture is a business and there is need to motivate our farmers by giving them a good price for their maize.
President Edgar Lungu is equally disappointed by the low price of maize announced by FRA.
He has therefore directed the agency to consider increasing the floor price of maize.
In view of this, the Head of State must be commended for directing the agency to increase the floor price of the commodity.
The move will put more money in the pockets of farmers.
Ultimately, this will encourage the farmers to produce more maize in the next farming season.