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Maize prices rise by 37% in Malawi -Admarc

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Queing for maize at Admarc depot

The official prices of maize in the country has been increased by 37 percent to a new price of K110 per kilogramme and Agricultural Development and Marketing Corporation  (ADMARC) is also implementing a rationing system of a maximum of 20 kilogrammes per buyer amidst shortages. [caption id="attachment_95199" align="alignright" width="600"]Maize wilting in Lilongwe due to dry spell Maize wilting in Lilongwe due to dry spell[/caption] [caption id="attachment_95200" align="alignright" width="600"]Queing for maize at Admarc depot Queing for maize at Admarc depot[/caption] A bag of 50 kilogrammes now costs K5, 500, up from K4000. Admarc spokesperson, Agnes Chikoko - Ndovie warned that the available maize is meant for household consumption and not for the business persons. The World Food Program, the hunger-fighting agency of the United Nations, warned Friday of an impending crisis in Malawi, saying that more than 2.8 million people there will lack enough to eat over the next several months because of severe floods and a drought that ruined the 2015 harvest. The agency said the floods this year in Malawi were “the worst in living memory,” flushing away stockpiles of food and ruining fertile land. Crops that survived the floods, the agency said, succumbed later to “intense dry spells.” According to National Food Reserve Agency  (NFRA) Chief Executive Officer, Nasinuku Saukira, as at close of business on Wednesday last week, the National Strategic Grain Reserves  (SGR) contained 46,550 metric tonnes

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