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GHANA WEATHER

Peasant farmers laud launch of commodities exchange market

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The Co-ordinator of Ghana Trade and livelihoods coalition, Ibrahim Akalbila, says peasant farmers are happy that at long last the Ghana Commodities Exchange has started operations.
This will eventually provide farmers value for money as a result of ready market.
Speaking to GBC’s Radio Ghana on the establishment of the Commodities Exchange, Mr. Akalbila said more needs to be done to ensure that farm produce from the hinterlands are of good quality.
Mr. Akalbila asked the government and the private sector to establish facilities and structures that would ensure that post harvest loses are also controlled or eliminated.

President Addo Dankwa Akufo-Addo on Tuesday opened the Ghana Commodity Exchange (GCX), a platform for buying and selling listed agricultural commodities.

Meanwhile, the Executive Secretary of the Peasant Farmers Association Ghana, Victoria Adongo said the launch of the Commodities Exchange is a very good intervention because it would provide farmers access to reliable a standard market.
She stated that the Commodities Exchange though it may not address all the challenges of farmers it is good to start. The Ghana Commodities Exchange is an online regulated market that links buyers and sellers of staple food stuff including maize, soya bean, rice, dry beans, millet ad sorghum.

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