The Tonse Alliance through Minister of Agriculture Lobin Lowe has announced the set minimum farm-gate prices for some crops grown in Malawi for the year 2022.
The development comes barely a day after President Dr. Lazarus Chakwera promised farmers in Dedza of the new minimum prices.
Announcing the prices in Lilongwe, Lowe, said maize should be sold at no less than K220 per kilogramme (kg), shelled groundnuts at a minimum of K740 per kg while unshelled groundnuts have been pegged at K450 per kg.
The farm-gate price for soya beans is K480 per kg and K700 per kg is for polished rice while unpolished rice will be sold at a minimum price of K300 per kg.
Lowe said when coming up with the prices, a mark of 30 percent to 2021 prices has been factored in on top of production costs and market forces, among others.
