Farmers often complain that BAMB prices are low. Why is that?
BAMB producer prices are tied to market prices. Since local produce competes with imports, BAMB is forced to adopt parity pricing using the South African Futures Exchange (SAFEX) as a benchmark. There are instances where BAMB prices are higher than the market just to give an incentive to the producer. BAMB never offers farmers prices that are below the market price.