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Friday, April 17, 2009

Thumbs up to grain traders for reducing prices

By Pelekelo Liswaniso

WE commend the grain traders who have reduced the price of roller meal, wheat and stockfeed by between K10, 000 and K15, 000.

This is a significant reduction and it has come as a huge relief for most households who were unable to afford mealie meal, bread and let alone chickens and eggs due to high prices.

As the Millers Association of Zambia vice-chairman Peter Cottan said on Wednesday, the reduction will definitely stimulate consumption of the staple food and the other foodstuffs.

Most traders are increasing prices of essential commodities and often exaggerating the effects of the global recession and causing untold hardships in homes but grain traders have chosen a different direction. This is how it should be.

We are particularly cheered by the reduction in the price of roller meal because it is consumed by most people and constitutes the much needed energy food for majority of the people.

We are confident that with a reduction in the price of wheat and flour, bakers will also push the benefit to consumers of bread, which has become part of the main menu in most households especially for breakfast.

The price of wheat on the international market has reduced from $600 per tonne to between $300 and $400 per tonne and the decision to push this relief to consumers of wheat products is commendable because bread will become more cheaply priced.

The price reduction of stockfeed will also enable many families to afford chickens and eggs, which had become prohibitive.

We are anxiously waiting for the Food Reserve Agency (FRA) to announce the floor price of white maize for this season but so far indications are that a bumper harvest is expected this year.

It is estimated that Zambia’s total white maize out -put in 2008/2009 is expected to exceed 1.2 million tonnes produced in the previous season.

With such amounts of grain in the country, we hope more price reductions will be effected to include breakfast meal.

We appeal to peasant farmers in particular to patiently wait for the announcement of the new maize price so that they can get real value for their produce.

Once FRA collects the maize, millers will in turn receive adequate quantities and flood the market with cheaply priced mealie meal.


We also wish to warn unscrupulous traders who are in the habit of clinging on to high prices to stop the practice and pass on the benefits of price reductions to consumers.

It is important that the country has sufficient and affordable mealie meal because this constitutes the main diet in most homes and the nation cannot afford to have skyrocketing prices of essential commodities when it is grappling with the effects of the global credit crunch.

1 Comments:

  • At 12:03 PM, Anonymous Anonymous said…

    I gonna give others two thumbs up to this people, in our days and with the current situation all that mean save some money is welcome, Viagra Online is one of the traders leaders that follow this awesome action.

     

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