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GGC trains maize FBOs on warehouse receipting
Posted on: 09-Aug-2012         Source: thebftonline.com
The Ghana Grains Council (GGC) has organized four-day training on warehouse receipting for maize Farmer Based Organisations (FBO’s) at Ejura in the Ashanti Region.

GCC is a private sector organisation formed in March 2010 with its membership drawn from grain value chains, including farmers, traders, food processors and various service providers including banks and other financial institutions.

With the operations of GCC so far, it is positioning itself as the leading grain industry association responsible for establishing warehouse standards and enforcing standards based on the best industry practices for the reduction of post-harvest storage losses of grains.

The training introduced the FBO’s to warehouse receipting, grading, weighing and maize quality assurance issues. The warehouse receipts system will offer farmers the opportunity to clean, grade, fumigate, package and store appropriately to increase market-appeal. With this, the FBO’s can wait for better prices before they sell their grains and can also sell to more profitable markets including the World Food Programme’s Purchase for Progress (P4P).

It is expected that by the end of the four-day training, all the FBO’s will be well-informed on warehouse practices, grain standards, grading and storage, and be able to deliver their maize to a Ghana Grains Council certified warehouse.

The FBO’s will be issued with a warehouse receipt upon storing of their grains that could be used for selling the maize or as collateral for loans from a bank or financial institution.

Through the warehouse receipt system, FBO’s will also be guaranteed the quality and quantity of their grains in storage. FBO’s will be offered daily maize price data through their mobile phones or other means to enable them decide on the right time to sell their stored grains.

By Kizito CUDJOE, Ejura