Planned commodities market set to put smiles on Kenyan farmers’ faces

For the typical Kenyan farmer, it is not just the unpredictable weather he has to worry about — prices of agricultural produce keep springing surprises on him as well. Just after the harvest, produce prices hit rock bottom and the farmer can barely recoup input costs from the sale of his crops. When prices eventually rise, he has none left to sell and ends up buying back the same commodities for consumption, at a much higher cost.The chief executive of the Kenya National Federation of Agricultural Producers, Dr John Mutunga, says cereals like maize and sorghum are the worst hit by constant price shifts. read on: http://www.nation.co.ke/News/-/1056/1229590/-/10gg9xlz/-/