NCPB in slow maize purchase as big farmers hoard stocks

NCPB in slow maize purchase as big farmers hoard stocks

Commodities

NCPB in slow maize purchase as big farmers hoard stocks

Thursday January 06 2022 ncpb-naxf

The National Cereals and Produce Board, Nakuru depot. FILE PHOTO | NMG

geraldandae By GERALD ANDAE
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Summary

  • The National Cereals and Produce Board (NCPB) has only purchased a paltry 10,000 bags of maize from growers as large-scale farmers, who are its main suppliers, hoard their grain.
  • Managing director Joseph Kimote said the agency relies heavily on large-scale farmers to deliver the grain in big quantities but most of them are hoarding it in anticipation that the price would rise further.

The National Cereals and Produce Board (NCPB) has only purchased a paltry 10,000 bags of maize from growers as large-scale farmers, who are its main suppliers, hoard their grain.

Managing director Joseph Kimote said the agency relies heavily on large-scale farmers to…

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