Tobacco marketing season opened with high expectations – Capital Radio Malawi
23 May, 2024

Tobacco marketing season opened with high expectations

Chakwera (in red necktie) inspecting the Tobacco

This year’s tobacco marketing season has been officially opened with hopes of better prices.

Prices monitored at Chinkhoma Auction Floors in Kasungu passed the $3 mark a development that excited most farmers

Nyasa Tobacco Buying Company hit the highest price by buying a bale at $3.02 per kilogram of barley tobacco.

Speaking at the launch President Lazarus Chakwera said this is as a result of having more companies competing to buy the leaf.

Chakwera praised Tobacco farmers describing them as main drivers of realizing vision 2063 economic independence.

“The main economic experts are the ones that push hard to bring money and forex in the country, not those in town who speak a lot on economy calling themselves experts. Farmers are our heros because they are movers and shakers of our economy,” the Malawi leader said.

Chakwera added that; “I, the vice president and all ministers have been looking for ways to ensure that nobody should benefit on behalf of our tobacco farmers. I urge you all not to fold your arms when you see someone who is acquiring worth through illegal means.”

On his part, Tobacco Commission board chairperson Godfrey Chapola said 2024 tobacco marketing season has fallen short of the trade demand of 190 million kilogrammes due to prolonged dry spells.

“Despite increased hectarage and licensing more growers during the 2023/2024 growing season compared to last season, the growers have not achieved optimum yields due to dry spells that hit the country at a critical stage of crop development,” Chapola narrated.

Chairperson for Nyasa Tobacco Buying Company, Konrad Buckle, said the marketing season has started with good tobacco leaves and hopes for fair trading amongst buying companies to benefit farmers.

He said; “It would be easier for us to present Malawi as biggest growers of the leaf if we take care of our crop properly. We will make sure that Malawi gets a name out there for quality and volume.”

Ten companies have been licensed to buy the ‘golden leaf’ this season.

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