Kenya Rolls Out Measures to Boost Corn Output, Curb Imports



Eric Ombok | Bloomberg

Kenyan President Uhuru Kenyatta announced measures to reduce the cost of producing corn and curb imports of the grain that most homes in the East African nation depend on for starch.

Kenyatta said the minimum price for a 90-kilogram bag of corn is set at 2,500 shillings ($23), and he ordered millers to purchase all the grain that’s available locally before considering importation. The state-owned National Cereals and Produce Board will cut charges farmers pay to dry corn by 50% to 20 shillings and reduce storage fees by 70% to 3 shillings, Kenyatta said in an emailed statement.

The government is looking to boost the supply of corn, which is called maize in Kenya, and limit imports to come only from the East African Community and Common Market for Eastern and Southern Africa member states. Kenya consumes about 4.25 million 90-kilogram bags of corn every month, and had in stock about 16.2 million bags of corn in May.

To read the full article, click here