Cotton farmers for zone system review
Cotton Farmers of Malawi (Cofam) has asked the Cotton Council of Malawi and cotton ginners to consider revamping the zone system for selling the commodity.
Through the zone system, cotton buyers are given a jurisdiction where they agree with farmers on volume required.
Cofam President Dickson Gundani said the system was a bleeding ground for poor pricing as it deters chances of competition among buyers.
He called for review of the system if farmers were to reap the most of their toil.
Gundani added that, despite the lack of competition, this year’s market has been good and farmers have been encouraged to go back to the fields.
“We are encouraging farmers to sell the remaining cotton and start farming in good time because, if this year’s prices are to go by, next year we will also have a good marketing season,” he added.
There was no immediate comment from Cotton Council of Malawi and Malawi Ginners.
Cotton is among the top export earners in Malawi from tobacco, sugar and tea, among others.
Justin Mkweu is a fast growing reporter who currently works with Times Group on the business desk.
He is however flexible as he also writes about current affairs and national issues.