Maize prices in the Rift Valley have dropped as NCPB plans to sell off more than two million bags from its stores. The prices increased to more than 3,200 bags last month for a 90kg bag. But the prices have dropped to between Sh2,600-Sh2,800 in Eldoret, Kitale, Bungoma and other areas with millers in Nairobi buying at an average price of Ksh 3100 per 90kg.
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Because the vetting process and conditions introduced by Kenya Farmers Association director Kipkorir Menjo has made the registration process slow and arduous, few farmers have thus far registered and are selling product to independent traders at Ksh 2,000/90kg despite the board paying Ksh 2,500 per 90-kilo bag of maize. The National Cereals and Produce Board has so far bought 391,000 bags of maize and is yet to meet its target of 2 million bags. Rains have set in most parts of the country specifically Northeastern, Western and Nyanza and parts of Eastern Kenya. Rains in North Rift are yet to start hence farmers are yet to start planting. Moderate wet weather is expected over the Western parts of the country and the Central Highlands. With Wajir, Garissa, Mandera, Isiolo and Marsabit counties receiving more than 30mm in 24 hours.
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