Beans price expected on the rise in the near future.

July 10, 2017

The beans price was reported gradually increasing as the season unwinds. More beans supply was reported in rural markets, where recently, harvesting has taken place especially in the northern region. For instance, in Lira, the price of Nambale beans was recorded at Ugx.2100/kg while mixed at Ugx.1900/kg, Yellow beans was preferred at Ugx.2300/kg retail price….

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Newly harvested maize prepared quickly to catch the market.

June 1, 2017

Several farmers in the renown maize production locations countrywide are in the process of harvesting their grain quickly, dry and delivered it in order to capture the current high market price. Average wholesale maize price was recorded at Ugx.1660/kg although the main rural production areas recorded offer price at Ugx.1500/kg. Traders continue to speculate when…

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Brisk grain business at Busia Produce market.

May 15, 2017

In an extremely rare trend, the regional market at Busia received millet grain from Ethiopia, Malawi and Tanzania. Apparently, the millet from Ethiopia came in via Madera border post in northern Kenya. Over 300MT were received daily and sold to traders from Serere, Kampala and Jinja. Due to high demand for this crop it quickly…

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High demand for maize at Busia as new beans supply on the market.

May 10, 2017

There has been very high demand for maize and beans at Busia regional border grain hub.  Several Kenyan traders turned up demanding for maize, beans and other produce. Good quality maize was bought at Ksh.47.5/kg (Ugx.1,648/kg) while fair quality or second grade at Ksh.47/kg (Ugx.1,630/kg). The least acceptable quality usually for animal feeds was bought…

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High maize grain supply at Busia excites traders.

April 4, 2017

In a bid to maximize profits in the grain sector, rural stockists surprised Busia regional maize market by overwhelmingly supplying maize grain to a tune of approximately 400MT daily effectively from Friday, 31st March,2017  to Sunday 2nd April 2017. Saturday alone recorded 550MT compared to a miserable less than 50MT that was received in the…

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Less commodity supply slows down trading.

March 22, 2017

Given the nature of season, there was low supply of commodities to the market. Planting continued where sufficient rainfall was received in different parts of the country. In Kampala, there was fluctuation of maize price due to irregular deliveries of grain. It started at Ugx.1420/kg and later declined to Ugx.1380/kg. The grain price stabilized at…

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Commodity price rally due to reduced supply.

March 12, 2017

Speculation has it that commodity prices will increase until the first early harvest probably late May. The maize price in several locations increased but exceptionally in Kampala to Ugx.1420/kg. It wasn’t possible to estimate how much grain was still with the rural traders; however, valuation of grain price was expected in the near future as…

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