o In February, prices of food staples such as maize kernels and maize flour rose sharply, especially in Northern Province as the lean season peaked. While national maize stocks were well above average, commodity prices remained high and above average.
o The cost of living as measured by the Basic Needs and Nutrition Basket (BNNB) continued its upward trend for a third consecutive month, with significant increases in the prices of meat and food or products to based on animal proteins.
o Although the cumulative rainfall received across the country is within the normal range, the temporal distribution has been a major concern; most of the rains were observed around January, leading to the worst flash floods in a decade, which destroyed livelihoods, especially in the Southern Province.
o The maize crop is generally in good to fair condition, although prolonged dry spells at the start of the rainy season led to late planting or replanting, while flooding caused waterlogging, threatening production .
corn grain price
The national average corn grain price rose 6% in February, remaining well above the respective 2021 and five-year average levels (Figure 1). Maize grain prices in provincial markets were on the rise, rising by 6 to 18 percent as the lean season neared its peak. Although maize supply was well above average, commodity prices remained high and above levels reached in the 2019/20 season when supplies were tight. In the Choma market in the Southern Province, maize grain was the cheapest, costing K3.33 per kilogram (about US$0.18). The highest price for the same quantity was 4.81 K (about 0.27 USD) in the Kasama market in the North Province (annex 1.1).