Figure 1 East Africa Regional Grain Trade Flow for the Week Ending 14th October 2017
The Week’s Market Analysis
- An unusual trade pattern was Rwanda exported pigeon peas (177MT) to DRC. Rwanda grows pigeon peas mostly for export to DRC.
- The price of Kenya’s locally grown Pishori rice reached record high retail price of Ksh200($1.93)/kg, this is because there was very limited stock in the last season. The current rice harvest is expected to reduce the price of Pishori to about Ksh160($1.54)/kg, as the rainfall in the current harvest season was much higher than the previous one.
Did you know the Kenya Pishori rice like wine taste and smells better with Age? Now you know!
The Week’s Market Prices for Select Markets
Table 1- Market Prices for Select Markets in the East Africa Region for the Week Ending 14 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