An Eagle’s View on Africa’s Grain Markets Week Ending 11th May 2019

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Dolichos Wholesale Price Comparisons

The Week’s Market Analysis

  • The price of Dolichos has drastically increased because of the commodity’s shortage in Tanzania, caused by delayed rainfall in the East Africa Region. 
  • Nairobi is currently experiencing a huge shortage of Dolichos, coupled with increasingly high wholesale prices of the commodity. 
  • The price of Green Grams has also drastically increased from Ksh95($0.95)/kg to Ksh150(UD$1.50)/kg, a result of delayed rainfalls, and diminishing supply of the commodity in the market.
  • Kenya is currently experiencing a huge shortage of both white and red groundnuts, an excellent business opportunity for groundnut suppliers.

The Week’s Market Prices for Selected African Markets

Table 1 Market Prices for a few Select African Markets for the Week Ending 11th May 2019.
US$1=Ksh100* (Kindly note the exchange rate is an estimate)

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, AHCX,  & Betta Grains. 

Disclaimer. The purpose of the analysis, is simply to provide an indication of the Africa Regional Markets to SMEs, Smallholder Farmers, and Other Stakeholders in a manner and language that is applicable, simple, and easy to understand.

©Betta Grains 2019