Farmers to Grow for Export To Hedge Against COVID-19 Market Shocks

Irrigation farmers should hedge and diversify their crops and be able to produce high value crops for lucrative export markets and avoid losses due to gluts and market saturation.

Farmers to Grow for Export To Hedge Against COVID-19 Market Shocks

Irrigation farmer have suffered a lot due to covid 19 their normal markets where they sell their products for cash are closed leaving them to supply the supermarkets that do not pay cash and they normally pay after seven working days which is a double blow in terms of lack of working capital liquidity for day to day running expenses and the erosion of value of their money while being held by the supermarkets due to perpetual depreciation of our local currency.

There is oversupply of produce to depressed market leading to a lot of stuff getting rotten since most of the produce is perishable.

The farmers have suffered their capital being diminished to the extend that when they want to get started again to plant they won't be able to buy the inputs the seeds and fertilisers.
This capital base erosion attributed

The farmers have suffered a lot due to covid 19 their normal markets where they sell their products for cash are closed leaving them to supply the supermarkets that do not pay cash and they normally pay after seven working days which is a double blow in terms of lack of working capital liquidity for day to day running expenses and the erosion of value of their money while being held by the supermarkets due to perpetual depreciation of our local currency. There is oversupply of produce to depressed market leading to a lot of stuff getting rotten since most of the produce is perishable.

The farmers have suffered their capital being diminished to the extend that when they want to get started again to plant they won't be able to buy the inputs the seeds and fertilisers

The irrigation farmers to get back to businesses should embrace in contract farming with some of the food processing companies that import raw materials e.g  Michigan pea beans is being imported from Ethiopia currently for our tinned beans by local companies

The farmers have learnt that there is a need to syndicate and have a horizontal forward integration and get themselves involved in mechanisation that would help them preserve their perishables for e.g. onions by acquiring some demoisturising driers to give them a longer shelf life,tomatoes can be crushed into purée by so doing they are hedged

Mr. Shelton Lucas I'm an aspiring farmer based in Masvingo with a bias towards small stocks and horticulture with special interests in chilli production because of my geological location
He is contactable on 0772210156 or at Sheltonlucas15@gmail.com