Uganda exports a lot of corn to Zambia

Introduction: world grain network, 29 November, Uganda and Zambia signed an order to sell up to 40000 tons of corn According to the plan, delivery began recently The first 880 tons of corn were transported by trans African Railway This is Uganda's highest single grain export order, a milestone for Uganda Although the export value of corn is only 9 million US dollars, because the global corn price is too low, the export order provides an excellent opportunity for Ugandan farmers 14 Ugandan domestic exporters have recently formed an association called Uganda grain Traders Association Their purpose is to establish a company with the ability to order bulk grain exports from Uganda, such as sales to Zambia No single Ugandan company has been able to handle such a large order in the past The government supports the Ugandan grain Traders Association by allowing them to rent past government silos to store corn and by providing export finance through the Ugandan bank to enable Ugandan private enterprises to compete in the global market Due to the oversupply in the domestic market, the price of corn for Ugandan farmers is extremely low It is reported that the surplus of corn this year is more than 100000 tons Zambia's orders will account for half of Uganda's corn surplus, and there is hope for orders from Malawi and other countries Ugandan farmers are unlikely to get the best price this year, but at least there is a market In addition, the establishment of a long-term grain export trade fund by Ugandan grain Traders Association will benefit the economic base and farmers (author:) share to feed Weibo share to: