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*Cotton Producer Price Set* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?oi The government has set the cotton producer price for the current marketing season, The Herald reports. Farmers will earn $43.94 per kilogram of cotton. This was revealed by Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa during a post-cabinet media briefing. Mutsvangwa said: > Cabinet considered and approved a cotton floor producer price of Z$43.94/kg for the 2020-2021 cotton marketing season, which gives the farmer a 15 percent return and ensures viability and competitiveness of the cotton industry According to the publication, Mutsvangwa said the government will pay for the cotton on the following terms: ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- > The $43.94/kg producer price would be paid out in three sums: US$10 for each bale of cotton delivered, 38 percent of the value of a 200kg bale in cash and the balance transferred electronically to farmers’ mobile money wallets. More: The Herald itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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