# Small grains producer price announced - Commercial Farmers' Union of Zimbabwe

> Zimbabwe's agriculture minister announced that the Grain Marketing Board will buy sorghum, millet and maize at US$390 per metric tonne. The country planted over two million hectares of grains, and output is expected to exceed 2.2 million tonnes.

- Date: 2017-04-03 · published 2017-04-03T12:00:00.000Z
- Category: policy · region Zimbabwe · magnitude low
- Page: https://feedsoft.ai/events/71582-small-grains-producer-price-announced-commercial-farmers-union-of-zimbabwe
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A fixed state buying price sets a floor for local grain values and may draw supply into official channels, with limited effect on world prices.

## Read by commodity

- CORN: neutral
- SORGHUM: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-12-15 | [Tackling policy bones, pinches in livestock industry - Commercial Farmers' Union of Zimbabwe](https://feedsoft.ai/events/73589-tackling-policy-bones-pinches-in-livestock-industry-commercial-farmers-union-of.md) | -2.2% | +0.5% |
| CORN | 2019-07-25 | [USDA Announces Details of Support Package for Farmers \| USDA](https://feedsoft.ai/events/58069-usda-announces-details-of-support-package-for-farmers-usda.md) | -1.8% | -11.4% |
| CORN | 2017-04-06 | [Market Perspectives April 6, 2017 - Page 7 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/71364-market-perspectives-april-6-2017-page-7-of-10-u-s-grains-and-bioproducts-council.md) | +0.6% | -0.3% |
| CORN | 2019-01-29 | [Guaranteed prices for producers could put pressure on inflation](https://feedsoft.ai/events/61062-guaranteed-prices-for-producers-could-put-pressure-on-inflation.md) | -0.4% | +0.0% |
| CORN | 2018-03-20 | [GRAIN \| Mexico: The dangers of industrial corn and its processed edible products](https://feedsoft.ai/events/65978-grain-mexico-the-dangers-of-industrial-corn-and-its-processed-edible-products.md) | -0.1% | +3.9% |

## Sources

- cfuzim.org: https://cfuzim.org/small-grains-producer-price-announced/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.