Figure 1 East Africa Regional Grain Trade Flow for the Week Ending 31 August 2018
The Week’s Market Analysis
- The recorded trade volumes for the week ending 31 August 2018, continued to indicate significantly low trade volumes according to EAGC’s RATIN.
- Eldoret, Kenya offered the best market prices for green grams at Ksh121($1.20)/kg in the entire region. This is a good potential market for Ukambani and Meru farmers who are looking for green grams markets.
- Unconfirmed reports within the Kenyan market was the Kenyan government had discouraged the importation of the Uganda maize by Kenyan millers with quarters or limitations that match certain procurement volumes of wheat from Kenyan farmers.
Table 1- Market Prices for Select Markets in the East Africa Region for the Week Ending 31 August 2018, US$1=Ksh100.70
The Week’s Market Opportunities
Betta Grains continues to receive various request to buy and sell commodities. Below tables 2 and 3 list some of our clients request to find buyers and sellers. Kindly visit our eDuka page http://www.bettagrains.com/?page_id=1236 for a more up to date list.
Author; Fostina Mani, Betta Grains. Fostina.Mani@bettagrains.com, Twitter: @FostinaMani.
Acknowledgment: The data used for the analysis has been obtained from; IAM, Government of Kenya, Ministry of Agriculture, Livestock & Fisheries, Government of Tanzania, Ministry of Trade and Industry, EAGC, RATIN, Farm Gain Uganda, Knoema, FEWS NET, & Betta Grains.
Disclaimer. Due to unavailable of data on various border points on formal cross-border trade flows and volumes in the public arena. The volumes indicated above are mostly from the informal cross-border data that is available to the public. The purpose of the analysis, is simply to provide an indication of the East Africa Regional Trade flow to SMEs, Smallholder Farmers, and Other Stakeholders in a manner and language that is applicable, simple, and makes sense. Those desiring to obtain actual trade volumes are advised to contact various internationally funded government projects that have been mandated to provide the regional trade data for public good.
©Betta Grains 2018