• April 16, 2024

Zimbabwean Farmers Anticipate High Prices

 Zimbabwean Farmers Anticipate High Prices
Photo: Taco Tuinstra

Tobacco farmers in Zimbabwe are expecting high marketing prices this year following a good growing season and improved curing methods, reports The Herald

“Our assessment of the tobacco crop to date promises higher yields and improved quality. This view is shared by a number of contractors,” said Rodney Ambrose, CEO of the Zimbabwe Tobacco Association. “It is in this regard that we are anticipating average prices to be firmer this season.

“There is also a level of increased demand for the crop, so this will help lift the average prices.”

“Farmers are anticipating high prices as the quality of the crop in the field is very good,” said Shadreck Makombe, president of the Zimbabwe Commercial Farmers Union. “All that is left is for farmers to do proper curing. We encourage farmers not to be extravagant and [to] save their hard-earned money and be able to finance next season’s operations.”

“The 85 percent foreign currency retention increase is surely going to put more money in farmers’ pockets,” said Makombe.

According to Edward Dune, vice president of the Tobacco Farmers Union Trust, all farmers are looking forward to a rewarding season. “The playground has to be level in terms of pricing,” he said. “Let the price matrix reward on the basis of quality. No merchant should be a farmer’s favorite given that some are paying more for the same quality to avoid side marketing.”

The Tobacco Farmers Union Trust is lobbying for viable prices to enhance sustainability, according to the organization’s president, Victor Mariranyika.