Maize prices up by 25% in November

Post was last updated: November 30, 2018

By Taonga Sabola:

Malawi’s maize prices have risen by 25 percent in November as compared to the same time last year, Food and Agriculture Organisation (Fao) Food Price Index (FFPI) indicates.

In its November 2018 Southern Africa Monthly Food Price Update released on Wednesday, WFP says the national average maize price was recorded at K130 per kilogramme (kg).

It, however, says the price was only slightly below the five-year average (5YA) of K132/kg.

WFP says with the exception of Tanzania, countries in the region are recording higher national average maize prices than last year.

Compared to the same month of the previous year, the national average maize price in Mozambique was 30 percent higher, in South Africa 26 percent higher and in Zambia and Zimbabwe 6 percent higher.

“Maize prices are expected to continue increasing as the lean season progresses, and this may render poor households more vulnerable,” reads the report in part.

Recently, Malawi Vulnerability Assessment Committee (Mvac) predicted that about 3.3 million Malawians would face hunger this year.

Acting Chief Director in the Department of Economic Planning and Development, Peter Simbani, told Agriculture Committee of Parliament that they used a method which most countries in Southern African Development Community use.

But the committee’s chairperson, Joseph Chidanti- Malunga, doubted the projections, arguing Mvac last year projected wrong figures.

The government, through the Department of Disaster Management Affairs, mid this month completed the distribution of relief maize to 432,729 food insecure households of 26 districts in the country.

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