Admarc in stock of 44, 000 metric tons of maize

The state grain trader, Agricultural Development and Marketing Corporation (ADMARC) says it has 44, 000 metric tons of maize in stock ever since it started purchasing maize in April this year.

According to ADMARC Chief Executive Officer (CEO) Felix Jumbe, the Corporation intends to purchase 240, 000 metric tons of maize which he says it is enough to keep the country food secure.

“We will strive until we get purchase 240, 000 metric tons of maize which will be adequate for us to service the needs of the nation in terms of food situation that we do administer on behalf of the government,” said Jumbe.

He however told YFM that ADMARC has currently put on hold the purchasing of maize in order to carry out stock taking.

“We have in our custody 44, 000 metric tons of maize, we are on hold in terms of buying at the moment just because we are undertaking stock taking up to 30th June so that we should have accurate figures on hour stock,” reported Jumbe.

He added that state grain marketer will be selling back the maize to rural masses during the lean period.

“The lean period become broader from October to April, you can see it’s now coming to about 9 months when people are food insecure so this is the time ADMARC will be selling back to the rural communities in particular,” added Jumbe.

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