Zambia to Pay Farmers 3% More for Corn to Replenish Reserves
Zambia's government will pay farmers 3% more for white corn this season than they were previously offered, even as officials project the harvest will more than double from last year's 16-year low.
The Food Reserve Agency will buy a 50-kilogram bag of grade A white corn for 340 kwacha ($12.67) in the marketing season that starts now, Chairman Suresh Desai told reporters Tuesday in Lusaka, the capital. That compares with 330 kwacha a year earlier.
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