News and knowhow for farmers

Government launches trading screens in Nyeri and Kericho to enable farmers follow live coffee auction feeds

coffee farmer inspects

Coffee farmers in Kericho and Nyeri are set to follow live coffee auction feeds at the Nairobi Coffee Exchange  at following the launch of trading screens in the regions that will enable farmers get informed prices of the price rather than travelling to the capital city to check the updates.

The upgraded system is an improvement of the 1998 government-introduced automated system that allowed coffee dealers to bid for the beans through pressing of a button and therefore eliminating the open outcry and improved transparency.

It enables farmers and traders alike gauge their credit performance while the trade is ongoing.

The move is set to improve farmers’ incomes and increase the level of transparency at a time when coffee prices have shot up by 18 per cent over the last two months.

Buyers of the produce will receive pro-forma invoice immediately while marketing agents will transact their business by 2pm from the previous 5pm on specified dates.


Coffee farmers staring at losses berry disease destroys crop in Mt. Kenya region

Food and beverage company plans to improve coffee farmers\’ yields

Coffee factory looking for farmers to supply the produce

According to data from the Nairobi Coffee Exchange, coffee prices have improved from Sh11,000  to Sh13,000 per a 50kg bag.  

The rise in prices is attributed to production of high quality beans especially from Eastern Kenya brought for sale at the auction.

In the five months to June 2018, the price of a 50kg bag had dropped to Sh10,000 due to the coffee berry disease that affected farmers crops in the Central Kenya region.

Kenya’s Arabica coffee prices decreased by Sh1.4bn in the seven months to April this year compared to a similar period in 2017 according to data from the Nairobi Coffee exchange.

In this, the value of the crop reduced from Sh13.1bn to Sh11.7bn in the period under review.

Get our news into your email inbox every week

We don’t spam! Read our privacy policy for more info.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top