Maize prices have increased slightly in the last week after the government opened NCPB depots to start purchases at Sh2,500 per bag. Before the depots opened last week, maize was selling for an average Sh2,200 per bag but prices have risen to about Sh2,650 in most parts of Rift Valley and Western Kenya. Farmers are pushing the government to increase prices at the NCPB to more than Sh3,200 per 90kg bag. Last week the government released Sh3 billion to the opened NCPB stores for maize purchase at Sh2,500 per bag. Despite more than 12 NCPB stores having been approved for use by farmers under the WRS, no maize has been delivered under the system.
Source: The Star January 03, 2021 18:56 UTC