The Nation (Malawi) published an article on the purchase of maize by the Agricultural Development and Marketing Corporation (Admarc), the state produce trader. Admarc is banking on an K11 billion loan facility from commercial banks to buy 50 000 metric tonnes (MT), but is awaiting government’s nod. In August, IFPRI-Malawi said that maize prices dropped to K123 per kg. It said about 76 percent of the farmers who reported having sold maize during the period were selling it at prices below the minimum farm-gate price of K200 per kg.
