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Headline : Namibia: Maize Meal Price Set to Go Up

Read more from the original article on here at allafrica.com.





Tags : #namibia #maize #meal #price #set #go #up


No. of Paragraph 29

The price of the staple white maize is likely to shoot up after the Namibian Agronomic Board (NAB) set the floor price delivered to millers from 1 to 14 May at N$7 554,37 per tonne.

This was confirmed by NAB spokesperson Loide Uahengo, who said the floor price for local white maize is higher this year compared to last year at N$5 595,00, due to the high demand for white maize in South Africa, where Namibia imports most of its maize from.

"Millers will be expected to put their own mark up, pushing the prices up," she says.

Uahengo said 1 May marks the beginning of the maize marketing season for 2024, when NAB sets a fortnightly maize floor prize.

Read more from the original article on here at allafrica.com.


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