Grain prices double on drought effects

No Image

The Botswana Agricultural Marketing Board (BAMB) says the two fold price jump in grains will be passed on to consumers within coming weeks. BAMB marketing manager, Thabo Seitshiro said grains, like all other commodities, are affected by the laws of supply and demand. He noted that drought in the southern part of Africa affected crop production especially the maize crop.

He said the maize prices have more than doubled from the previous year, which will ultimately lead to the rise in food prices.

“Food prices will also rise as a result of these rising grain prices. The final consumer will find it more expensive at retail shelf to buy maize-meal and sorghum meal,” Seitshiro said.

Editor's Comment
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

Have a Story? Send Us a tip
arrow up