As pressure begins to mount on the country\u2019s pigeon pea stocks, resulting in escalating prices, the Nandolo Farmers Association says it expects the prices to continue rising as the lean period nears.<\/p>\n
A snap survey in most produce markets in the Southern Region has revealed that the crop is selling at an average price of K600 per kg.<\/p>\n
This is far much higher than what the crop attracted last year.<\/p>\n
Nandolo Farmers Association Chairperson, Susan. Chimbayo, said though pigeon peas prices have improved this year, the grouping expects the prices to soar even higher as the market heads towards the lean season.<\/p>\n
Chimbayo said with the enormous demand of the commodity in countries such as India, there are high possibilities that prices could surge as high as K900 per kg.<\/p>\n
She appealed to farmers to exercise patience when trading the crop, adding that selling the pigeon peas through cooperatives could help the growers to realise more earnings from the crop.<\/p>\n
A commodity market update from the Auction Holdings Limited Commodities Exchange last week indicated that prices have risen sharply from K410 per kg in early July to between K500 and K600 per kg as at last Friday buoyed by increased demand on both the local and international market.<\/p>\n
Estimates from the Ministry of Agriculture and Irrigation show that Malawi has this year produced 336,077 metric tonnes (MT) of pigeon pea, up from 335,091 MT last year but high demand from India, which remains the main destination for Malawi\u2019s pigeon pea exports, is expected to keep the prices for the crop high in Malawi.<\/p>\n
\u201cThe commodity is also exported to Malaysia while only about 20 percent of pigeon pea produced in Malawi is consumed locally. Malawi is expected to sign an agreement for the exportation of pigeon pea to India as part of the Indian government\u2019s plan to meet its demand for the crop.<\/p>\n
\u201cMozambique has already signed an agreement with India. Malawi is Africa\u2019s largest producer of pigeon pea while Tanzania is the largest exporter, with some of the crop exported from the east African country coming from Malawi through informal exports,\u201d reads the report in part.<\/p>\n
Pigeon pea is probably Malawi\u2019s second largest traded commodity after maize and the country\u2019s largest legume export.<\/p>\n","protected":false},"excerpt":{"rendered":"
As pressure begins to mount on the country\u2019s pigeon pea stocks, resulting in escalating prices, the Nandolo Farmers Association says it expects the prices to continue rising as the lean period nears. A snap survey in most produce markets in the Southern Region has revealed that the crop is selling at an average price of […]<\/p>\n","protected":false},"author":3,"featured_media":28242,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/28238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=28238"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/28238\/revisions"}],"predecessor-version":[{"id":28243,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/28238\/revisions\/28243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/28242"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=28238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=28238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=28238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}