white-maize

White Maize Grain – Producer staggered floor prices (Mill Door) for 2020 marketing season

white-maize

The producer staggered floor price for white maize grain is calculated by the Namibian Agronomic Board (NAB) per annum, based on the South African Futures Exchange (SAFEX) 5-year average formula, as agreed upon by organised producers and processors in the white maize marketing agreement. The staggered floor price is the minimum price to be paid to a producer by a buyer at mill door for white maize grain and it is calculated at fortnight.

The official white maize grain producer staggered floor prices (mill door) for the 2020 marketing season, which commenced on 01 May 2020 are as follows:

White maize staggered floor price
** COVID-19 Relief staggered floor price (producer contribution towards COVID 19 crisis in the country) commenced on 15 May 2020 is valid until the end of the marketing season.