Admarc, Farmers Union of Malawi sign deal (Times – Malawi)

The Times (Malawi) published an article on the MOU signing between the Agriculture Development and Marketing Corporation (Admarc) and the Farmers Union of Malawi (Fum) aimed at ensuring that farmers have access to structured and profitable markets. Signers cite an IFPRI study indicating that more than 76 percent of maize farmers and 90 percent of soybean farmers have sold their produce at a price that is below the official minimum farm-gate prices. Functional agricultural markets will lead to improved profit margins for the farmers thereby incentivizing them to further invest in their respective agricultural value chains through, mechanizations, intensification, and value addition.