Friday, 2 December 2011

GGC Pegs Groundnut Price At D10,250 Per Ton

(Daily Observer)--Following the announcement by the Agribusiness Services & Producers Association (ASPA) of a farm-gate producer price for groundnuts of D9,300 (nine thousand dalasis) per metric ton in the 2011/12 groundnut-marketing season and the setting of the official start date of 5th December 2011.

The Gambia Groundnut Corporation Ltd (GGC) is pleased to inform the farming community, the Cooperative Produce Marketing Societies (CPMS), traders and all other stakeholders that the depot price for this year’s groundnut marketing season is pegged at D10,250 (ten thousand two hundred and fifty dalasi) per metric ton, a press release from the GGC revealed yesterday.

According to the release, due to the nature of the infrastructure in the depots, the minimum tonnage acceptable is being initially set at 5 (five) metric tons. “GGC solicits the cooperation and support of all stakeholders,” the release concluded.

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