Commodities:  Oil & Oilseeds Feed & Meal Grains Pulses Spices Sugar & Gur Fibre Plantation Others
You Are Here: Home > Commodities > More News
Articles
More Articles...
Zimbabwe left with three months’ supply of wheat; millers to import 200,000 tonnes from Canada

Zimbabwe left with three months’ supply of wheat; millers to import 200,000 tonnes from Canada

May 15, 2018

 

member delegation from the Grain Millers Association of Zimbabwe is headed for Canada to source 200,000 tonnes of wheat amid revelations the country is left with just three months’ supply of the grain.GMAZ chairman, Tafadzwa Musarara, who is heading the delegation, said the wheat stocks were fast depleting owing to a high demand in cereals, adding the consignment from Canada would last until the next winter wheat harvesting season.

 

“The Grain Millers Association of Zimbabwe is now making deliberate attempts to directly source from Western countries in addition to the Asian sources where they are buying from and in the 2018-2019 procurement plan they are intending to bring 300,000 tonnes of both soft and hard wheat from Poland, Russia, Canada and America as well as 250,000 tonnes of rice,” he said.Musarara said the country has been having difficulties sourcing wheat and other raw materials from Western nations because of the poor relations between the former Robert Mugabe administration and most from that region.“Consequently, we have had traders mainly based in Dubai buy

 

Source: https://www.newzimbabwe.com/zimbabwe-left-with-three-months-supply-of-wheat-millers-to-import-200000-tonnes-from-canada/

Technical Research
Prices
Saturday, December 01, 2018
ExchangeCommodityContractOpenHighLowClose
MCXCopperFeb18441.3448.15440.65444.25
More Futures prices..