Figure 1 Uganda’s Exports to Kenya (Busia Border) after Announcement of Kenya’s Presidential Results (11 August 2017
The Week’s Market Analysis
- The announcement of Kenya’s presidential results on 11 August 2017 was a sigh of relief for many Ugandan and Kenyan traders as demonstrated in Figure 1. Clearly politics, especially Kenyan politics is no laughing matter when it comes to grain trade.
- Uganda currently has plenty of Yellow beans/Soya Njano, Rosecoco/Kayewa, Saitoti, Soya beans, Groundnuts, Sugar beans, Pop-corn, SimSim (Sasame), Iron fortified bean, and Maize. The Nyayo/Nambale beans, White Cowpeas (black eyed peas), and Maize are decreasing in volumes, as the season slowly winds down.
- Business in Nairobi, is slowly going back to normal, despite a number of high security alert warnings. Nairobi continues to experience a shortage of the Pakistan’s imported long grain rice, which has seen most consumers opting for Thailand imported rice.
The Week’s Market Opportunities:
Table 1 East Africa Region Select Market Price Comparisons. Abbe:-BI- Burundi, KY-Kenya, RW-Rwanda, TZ- Tanzania, UG-Uganda, SS – South Sudan. US$1=Ksh103.45
- The price of maize in Uganda is Ksh24($0.23/Ugx850), therefore very profitable market opportunities can be found in South Sudan – Juba, Burundi – Bujumbura, and Rwanda – Kamembe, and Rubavu.
- Betta Grains has received requests to source for the following products for our clients; Pure Red Sorghum, Green grams Nylon/Polish (certified seed).
- Betta Grains is looking for buyers of the following products for our clients; Yellow Beans (Uganda), Groundnuts both red and white (Uganda, Malawi, Zambia, South Sudan), Sugar Beans (Uganda), and Iron Beans (Uganda), Maize (Uganda, Zambia, Malawi), Green grams Uncle/Makueni (Kenya), Red Kidney Beans/Wairimu (Uganda), Saitoti (Uganda), Pop-corn (Uganda), and Millet (Uganda).
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, 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.