90-Kg Bag Of Maize Now Retailing Between 2,700 And 2,800 Shillings

By Soko Directory Team / July 24, 2020 | 1:06 pm



maize reserves

By Getrude Matayo

A 90-kilogram bag of dry maize is retailing at an average of 2,700 and 2,800 shillings in most parts of the country including Nairobi down from 3,600 shillings last month. The dropping of the prices has been attributed to more maize on the market.

In Kakamega and Bungoma, a 90-kilogram bag of maize is going at an average of 2,800 shillings the same to Kitale. In Bungoma, some farmers have started harvesting green maize, leading to a reduction on dependence on dry maize. This is the largest drop from 4,000 shillings just a month ago.

In Nairobi, the price of a 90-kilogram bag of dry maize is lower. It is retailing between 2,700 and 2800 shillings. Retailers say the low prices are a result of more maize coming into the country from Uganda.

A 2-kilogram tin of dry maize in most parts of the country is retailing between 70 and 80 shillings down from 100 last month. In Eldoret, the price is ranging between 2,700 and 3,000 shillings.

Yellow maize importation has pushed down the price of raw material for animal feed manufactures by 15 percent. This offers a reprieve to a dairy farmer who has been paying high prices for the products.

Millers are paying 2,900 shillings for a 90-kilogram bag of yellow maize when it lands in Nairobi which is slightly higher than the 2,700 shillings that they are paying for the white produce.

Animal feed manufacture Association Chairperson Joseph Karauri said some traders who have been hoarding maize are now releasing it to the market at a lower cost as they rush to clear their stocks before more imports arrive.





About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

View other posts by Soko Directory Team


More Articles From This Author







Trending Stories










Other Related Articles










SOKO DIRECTORY & FINANCIAL GUIDE



ARCHIVES

2020
  • January 2020 (272)
  • February 2020 (310)
  • March 2020 (390)
  • April 2020 (321)
  • May 2020 (336)
  • June 2020 (329)
  • July 2020 (335)
  • August 2020 (71)
  • 2019
  • January 2019 (253)
  • February 2019 (216)
  • March 2019 (285)
  • April 2019 (254)
  • May 2019 (272)
  • June 2019 (251)
  • July 2019 (338)
  • August 2019 (293)
  • September 2019 (306)
  • October 2019 (313)
  • November 2019 (362)
  • December 2019 (320)
  • 2018
  • January 2018 (291)
  • February 2018 (219)
  • March 2018 (278)
  • April 2018 (225)
  • May 2018 (238)
  • June 2018 (178)
  • July 2018 (256)
  • August 2018 (249)
  • September 2018 (256)
  • October 2018 (287)
  • November 2018 (284)
  • December 2018 (185)
  • 2017
  • January 2017 (183)
  • February 2017 (194)
  • March 2017 (207)
  • April 2017 (104)
  • May 2017 (169)
  • June 2017 (205)
  • July 2017 (190)
  • August 2017 (195)
  • September 2017 (186)
  • October 2017 (235)
  • November 2017 (253)
  • December 2017 (266)
  • 2016
  • January 2016 (165)
  • February 2016 (165)
  • March 2016 (190)
  • April 2016 (143)
  • May 2016 (245)
  • June 2016 (182)
  • July 2016 (271)
  • August 2016 (248)
  • September 2016 (234)
  • October 2016 (191)
  • November 2016 (243)
  • December 2016 (153)
  • 2015
  • January 2015 (1)
  • February 2015 (4)
  • March 2015 (166)
  • April 2015 (108)
  • May 2015 (116)
  • June 2015 (120)
  • July 2015 (148)
  • August 2015 (157)
  • September 2015 (188)
  • October 2015 (169)
  • November 2015 (173)
  • December 2015 (207)
  • 2014
  • March 2014 (2)
  • 2013
  • March 2013 (10)
  • June 2013 (1)
  • 2012
  • March 2012 (7)
  • April 2012 (15)
  • May 2012 (1)
  • July 2012 (1)
  • August 2012 (4)
  • October 2012 (2)
  • November 2012 (2)
  • December 2012 (1)
  • 2011
    2010
    2009
    2008
    2007
    2006
    2005
    2004
    2003
    2002
    2001
    2000
    1999
    1998
    1997
    1996
    1995
    1994
    1993
    1992
    1991
    1990
    1989
    1988
    1987
    1986
    1985
    1984
    1983
    1982
    1981
    1980
    1979
    1978
    1977
    1976
    1975
    1974
    1973
    1972
    1971
    1970
    1969
    1968
    1967
    1966
    1965
    1964
    1963
    1962
    1961
    1960
    1959
    1958
    1957
    1956
    1955
    1954
    1953
    1952
    1951
    1950