Zimbabwean grain farmers are urging the government to ensure all payments for their produce are made in United States dollars (USD) and processed within a week of delivery, according to Business Times.
This appeal follows the Grain Marketing Board’s (GMB) announcement of a producer price of US$335.14 per tonne. While the price is welcomed, farmers are concerned about delays in payment and the inclusion of local currency in the payment process.
With many operational expenses—such as seeds, fertilizers, and chemicals—denominated in US dollars, farmers argue that receiving part of their payment in local currency complicates their financial planning, particularly given its rapid depreciation.
Patrick Chiruka, a farmer from Shamva, emphasized the need for the government to uphold its promise of USD payments. “We need the full US$335.14 per tonne, paid on time. Part of the payment in local currency makes it hard for us to manage our finances. The government must stick to its commitment,” he said.
Alfred Nyarambi, a farmer from Goromonzi, also expressed frustration with the local currency component, noting that all his inputs are purchased in USD. “Paying me in local currency undermines the payment process, especially with the volatility of the exchange rate,” Nyarambi added.
Edward Dune, an agriculturist and former executive of the Zimbabwe National Farmers Union, acknowledged that the new maize price is a step forward in line with global market standards. However, he stressed that to keep farmers selling their grain through formal channels, the government must ensure timely and full USD payments.
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