Market Bulletin

Low purchasing power forces commodity price low.

As the nation waits for the next presidential address on the Covid 19 pandemic, fewer consumers were registered in the markets to purchase food items. The trading communities in Kampala’s major markets expressed their regret at the low turn up. The concern of social distancing was disqualified because the traders were not registering the right

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Low demand for maize grain in Kampala market

As the president’s directive to maintain social distancing and countrywide curfew enrolls to its final days, most commodities in and around Kampala’s commodity market registered low demand. Consumers stayed away from the usually crowded markets. Supply throughout the week was slow and demand for maize was mainly for production of posho within the city suburbs.

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New beans harvest in Uganda.

Newly harvested beans were received in major markets. In Kampala, new yellow beans were offered at Ugx.3500-3600/kg while old stock was offered slightly cheaper. Short Nambale variety sold at Ugx.3500-3600/kg, Large Nambale beans cost Ugx.3200-3300/kg. Rosecoco beans sold at Ugx.3000-3200/kg and Masavu (sugar beans) at Ugx.3600-3700/kg wholesale price. Supply was registered from Kagadi, Hoima, Kiboga,

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Maize price on increase, newly harvested beans

Several stockiest started buying and stocking maize grain in a number of locations. In Kamwenge, they bought maize at Ugx.900-920/kg depending on quality. The quality was better and well dried. Millers had also stepped up their purchases for providing posho. In Kapchorwa, where it continued to rain, the quality of grain was not yet good.

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High volumes of grain crossing at Busia border market.

High volumes of maize grain were recorded at the regional cross border market in Busia. An estimated 1000Mt of grain was traded daily throughout the past week. Good quality maize grain was offered at Ksh.29/kg. (Ugx.1015), Fair quality at Ksh.28.5/kg (Ugx.997) while the least acceptable quality usually for animal feeds at Ksh.22.7/kg (Ugx.794) The grain

High volumes of grain crossing at Busia border market. Read More »