Zimbabwe Grain Millers Want 40% Import Tariff on Corn, Corn Meal

The Grain Millers Association of Zimbabwe, which represents the country’s major milling companies, said it wants the government to impose a 40 percent of tariffs on imports of corn and corn meal because its struggling to compete with cheaper South African corn grown from genetically modified seeds.

corn_fall_harvest_(2)
corn_fall_harvest_(2)
(Farm Journal)

The Grain Millers Association of Zimbabwe, which represents the country’s major milling companies, said it wants the government to impose a 40 percent of tariffs on imports of corn and corn meal because its struggling to compete with cheaper South African corn grown from genetically modified seeds.

The imports are harming Zimbabwe’s attempts to improve food security by boosting local production, Tafadzwa Musarara, the chairman of the association said in an e-mailed response to questions on Thursday.

“The local milling industry has been on the end of the stick with regards to South African imports as South African millers literally dumped cheap GMO maize meal into our economy and its time Zimbabwe realign its economy by localizing production of its staple foods,” he said.

Zimbabwe, once a corn exporter to its neighbors, has been importing the grain since a failed land reform program that began around 2000 during which mainly white commercial farmers were stripped of their land. That land was then redistributed to black subsistence farmers.

Zimbabwe has spent $7 billion on corn and corn product imports since 2002, Musarara said.

The association has committed to buying 800,000 metric tons of locally grown corn and 100,000 tons of locally grown wheat this season, the association said in a separate submission to parliament. The country has wheat stocks of 115,000 tons, which it is struggling to use because of wheat flour imports, it said.

AgWeb-Logo crop
Related Stories
Allison Thompson with The Money Farm says the failure was likely position squaring heading into the three day holiday plus markets ran into chart resistance and saw some profit taking.
Farm Journal’s June Ag Economists’ Monthly Monitor shows a weaker ag economy versus a year ago, but more than 80% expect consistent or better conditions over the next 12 months despite ongoing margin pressure.
Scott Varilek with Kooima Kooima Varilek says cattle futures were struggling early Thursday with lower cash as the packers are trying to break the market with their own inventory.
Read Next
Virginia’s Mainland Farm is considered America’s oldest continuously farmed land, cultivated since the early 1600s. Today it still produces crops while preserving 400+ years of agricultural and Revolutionary War history.
Get News Daily
Get Market Alerts
Get News & Markets App