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 maize, coupled with increasingly high wholesale prices of the commodity.
- The price of Green Grams has also drastically increased from Ksh95(US$0.95)/kg to Ksh150(US$1.50)/kg, a result of delayed rainfalls, and diminishing supply of the commodity in the market.
- Kenya had a huge shortage of both white and red groundnuts, an excellent business opportunity for groundnut suppliers.
The Week’s Market Prices for Selected Markets
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, FarmGain Uganda, Knoema, FEWS NET, AHCX, USDA & 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