The Week’s Market Analysis
- Maize (2,562MT) was the highest traded commodity during the week. Uganda exported to Rwanda (1,117MT) in comparison to Kenya (955MT). A lot of the trade was through the Cyanika border.
- Beans (2,556MT) was the second highest traded commodity. Uganda exported to Kenya (1,582MT), as Rwanda exported to Uganda (867MT).
- Millet (2,049MT) was the third highest traded commodity during the week. The bulk of the millet was Uganda’s exports to Kenya (1,995MT).
- Rice (1,592MT) was traded, Tanzania exported to Rwanda (910MT), as Rwanda exported (451MT) of rice to DRC.
- Sorghum: There was a drastic reduction in the price of Sorghum in Nairobi from Ksh78($0.75)/kg the previous week to Ksh45/kg, which explains why more sorghum was being exported from Uganda to Rwanda.
- Cowpeas: There has been very little cowpeas trade, Uganda exported (315MT) of cowpeas to Kenya. Tanzania exported (30MT) of cowpeas to Kenya. The price of cowpeas in Kenya continues to be very high at Ksh111($1.07)/kg.
- Ground Nuts: The flow of ground nuts was from Tanzania to Uganda (516MT). Uganda exported (105MT) to Rwanda. Tanzania exported (150MT) of ground nuts to Kenya signalling, an easing of the countries trader barriers towards Kenya, The ground nuts in the Kenyan market are mostly Malawian ground nuts.
The Week’s Market Prices for Select Markets
Table 1- Market Prices for Select Markets in the East Africa Region for the Week Ending 7 October 2017
The Week’s Market Opportunities
Betta Grains continues to receive various request to buy and sell grains and cereal. Kindly visit our eDuka page https://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, 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 2017