Price rises of grain products | Republikein.com.na
Bread is one of the most essential products in thousands of Namibian households including not ready to come out. Like many other housewives, is me. Albina Morkel also dependent on her daily bread prices which soon will be adjusted upwards.
Although the price of bread, maize meal, pasta and cereal products by between 5% and 6% increase, compared the local bread prices, according to the managing director of Namib Mills, Mr.. Ian Collard, good international prices where twice as much bread as food here, even though grain in those countries cultivated.
Collard said that Namibia is making good progress on the road to self-regarding to grain, but added that it was about 15 to 20 years before enough grown here in the local demand.
The last two years we have managed to maize production from 25,000 tons to 75,000 tons last year to increase? he said. Expected returns for the year stood at 83,000 tons, but the current consumption of Namib Mills's still 120,000 metric tons.
One of the major reasons for the increase is given, the bad weather that America in the past six weeks and experienced arational production is afflicted in this country, the largest exporter of grain. The fact that it is the largest exporter, it also causes the price of grain globally arational determined.
? It took six weeks ago stopped raining in America and they had their expected yield of 380 million tons with 60 million tons downwards. It really is up again after 23 million tons of maize for the production of bio-fuel use, food can be used. This happened because the price of corn so high and the price of crude oil dropped,? Collard has said. The expectation of him is that the American production by another 20 million tons will fall.
Collard has given the assurance that shortages of grain and grain products here or in the rest of the world will occur, despite concerns that the world supply only about 44 days until the next harvest will keep all the markets filled 's. Ideally believe that the surplus for at least 80 days to keep.
? Another factor affecting the price of grain and grain products affected, the fact that the grain will be transported to the destination where it is needed. In this regard, the Namibian price for grain determined by the price at the Randfontein market achieved arational after it previously imported. This is where South Africa, who also import country and Namibia where grain is imported, the biggest market lies.
A South African shortages will not rot in our cause because we fixed supply contracts with suppliers in the neighboring country have? Collard has said. According to him, the price of these contracts has not previously been established, and the local price is subject to international trends.
Exedin Training Academy is Microsoft's partner
Maharero a product of Skorpion Cup
01 08 2014
01 08 2014
Barclays and Bank Windhoek arational transaction falls through the mat
Howe Infrastructure International Short News Culture Lifestyle Agricultural Readers Photos
Bread is one of the most essential products in thousands of Namibian households including not ready to come out. Like many other housewives, is me. Albina Morkel also dependent on her daily bread prices which soon will be adjusted upwards.
Although the price of bread, maize meal, pasta and cereal products by between 5% and 6% increase, compared the local bread prices, according to the managing director of Namib Mills, Mr.. Ian Collard, good international prices where twice as much bread as food here, even though grain in those countries cultivated.
Collard said that Namibia is making good progress on the road to self-regarding to grain, but added that it was about 15 to 20 years before enough grown here in the local demand.
The last two years we have managed to maize production from 25,000 tons to 75,000 tons last year to increase? he said. Expected returns for the year stood at 83,000 tons, but the current consumption of Namib Mills's still 120,000 metric tons.
One of the major reasons for the increase is given, the bad weather that America in the past six weeks and experienced arational production is afflicted in this country, the largest exporter of grain. The fact that it is the largest exporter, it also causes the price of grain globally arational determined.
? It took six weeks ago stopped raining in America and they had their expected yield of 380 million tons with 60 million tons downwards. It really is up again after 23 million tons of maize for the production of bio-fuel use, food can be used. This happened because the price of corn so high and the price of crude oil dropped,? Collard has said. The expectation of him is that the American production by another 20 million tons will fall.
Collard has given the assurance that shortages of grain and grain products here or in the rest of the world will occur, despite concerns that the world supply only about 44 days until the next harvest will keep all the markets filled 's. Ideally believe that the surplus for at least 80 days to keep.
? Another factor affecting the price of grain and grain products affected, the fact that the grain will be transported to the destination where it is needed. In this regard, the Namibian price for grain determined by the price at the Randfontein market achieved arational after it previously imported. This is where South Africa, who also import country and Namibia where grain is imported, the biggest market lies.
A South African shortages will not rot in our cause because we fixed supply contracts with suppliers in the neighboring country have? Collard has said. According to him, the price of these contracts has not previously been established, and the local price is subject to international trends.
Exedin Training Academy is Microsoft's partner
Maharero a product of Skorpion Cup
01 08 2014
01 08 2014
Barclays and Bank Windhoek arational transaction falls through the mat
Howe Infrastructure International Short News Culture Lifestyle Agricultural Readers Photos
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