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Maize traders offer overwhelms Admarc

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Felix Jumbe

Smallholder farmers have said they can supply over 300,000 metric tonnes to the Agricultural Development and Marketing Corporation (Admarc) against 80,000 metric tonnes the state-run grain trader projected to buy with borrowed money.

Admarc secured K22.2 billion from one of the country’s commercial banks to buy maize from small scale farmers.

The firm called on the farmers to fill express interest stating quantity of maize they were willing to offer.

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In an interview yesterday, Admarc Acting Chief Executive Officer, Felix Jumbe, said the grain trader was overwhelmed with the market response.

He said the firm will, however, ration buying of the commodity.

“We will also verify the bids to ensure that they have maize in stock and they are the deserving farmers or cooperatives so that the money can help them in the next farming season,” Jumbe said.

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Meanwhile, an agriculture expert, Tamani Nkhono Mvula said in an interview that Admarc should make the most of the grains available market to replenish its stock.

“If the supply is high, then Admarc should lower the price which will enable them buy as much as possible with the little money that they have,” Mvula said.

Recently, the Centre for Social Concern (CfSC) urged government to ensure that Admarc is well capitalised to perform its functions of ensuring that Malawians have a ready and reliable market

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