PXAfrica Market Newsletter Market Activity
J anuary 11t h, 2017 I N THI S E MA I L
PXAfrica Market Newsletter
Market Activity Weather Update
Happy New Y ear t o all our members and t heir f amilies ! A s a reminder, y ou c an now ac c es s t he P X A f ric a plat f orm f rom y our mobile. https://africa.panxchange.com/ This news let t er will s oon be res t ric t ed t o members only . For K eny a general information, please contact: Phineas Mwenda Muriuki +254-723-253-452 / +254-763-356-485 [email protected]. For Uganda general information, please contact: Ronnie Luwero +256-779-074-857 [email protected]
Market Activity Maiz e prices throughout the region held strength as effects of the poor rains continue to show. Farmers are holding onto a higher percentage of their crop for household consumption than typical years due to lower yields, in addition to holding marketable production in expectation of further price increases. PXAfrica Maize bid/ask for the following markets in ksh/90kg: J anuary Nairobi 2800 / 3200 Nakuru 3000 / ---Thika (M2) 2850 / ---Eldoret 3000 / ----
S elec t Mark et V alues K eny a Maiz e (k s h/ 90k g)
P igeon P eas
Green Grams
S orghum Millet
DLVD Nairobi
2,800
6,300
6,300
6,300
6,300
DLVD Thika DLVD Eldoret
2,750 2,600
5,000
5,000
5,000
5,000
DLVD Nakuru FOB Isibania Uganda (ugx / k g) DLVD Kampala FOB Lira FOB Masindi FOB Soroti FOB Busia
2,650 2,350
6,100
6,100
Maiz e
S oy a
S orghum
1,100 1,200 1,100 1,200 1,100
1,800 1,850 1,800 1,850 1,850
1,300 1,100
6,100
6,100
Nambale Green B eans Grams 2,400 2,170 3,250
1,400
P ric ing Map
Famine Early Warning System FE WS NE T The UN Famine Early Warning Systems Network (FEWS Net), is projecting that all of East Africa will stay under the same level of food insecurity or worsen moving to the medium term projection of February to May. The continuing poor rains and conflict in South Sudan are causing constraints on markets.
Disclaimer Disclaimer: This Newsletter is solely for members and prospective members of PXAfrica. It is therefore not to be disseminated, distributed, or copied to other parties without our consent. This Newsletter will soon only be distributed to active members. NOTICE: PanXchange and PXAfrica are not acting as an advisor and the opinions or views contained herein are not intended to be, and do not constitute, advice within the meaning of Section 975 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. If you have received this communication in error, please destroy all electronic and paper copies and notify the sender immediately. Mistransmission is not intended to waive confidentiality or privilege. PanXchange reserves the right, to the extent permitted under applicable law, to monitor electronic communications.
PXAfrica Market Newsletter
Market Activity Weather Update
Happy New Y ear t o all our members and t heir f amilies ! A s a reminder, y ou c an now ac c es s t he P X A f ric a plat f orm f rom y our mobile. https://africa.panxchange.com/ This news let t er will s oon be res t ric t ed t o members only . For K eny a general information, please contact: Phineas Mwenda Muriuki +254-723-253-452 / +254-763-356-485 [email protected]. For Uganda general information, please contact: Ronnie Luwero +256-779-074-857 [email protected]
Market Activity Maiz e prices throughout the region held strength as effects of the poor rains continue to show. Farmers are holding onto a higher percentage of their crop for household consumption than typical years due to lower yields, in addition to holding marketable production in expectation of further price increases. PXAfrica Maize bid/ask for the following markets in ksh/90kg: J anuary Nairobi 2800 / 3200 Nakuru 3000 / ---Thika (M2) 2850 / ---Eldoret 3000 / ----
S elec t Mark et V alues K eny a Maiz e (k s h/ 90k g)
P igeon P eas
Green Grams
S orghum Millet
DLVD Nairobi
2,800
6,300
6,300
6,300
6,300
DLVD Thika DLVD Eldoret
2,750 2,600
5,000
5,000
5,000
5,000
DLVD Nakuru FOB Isibania Uganda (ugx / k g) DLVD Kampala FOB Lira FOB Masindi FOB Soroti FOB Busia
2,650 2,350
6,100
6,100
Maiz e
S oy a
S orghum
1,100 1,200 1,100 1,200 1,100
1,800 1,850 1,800 1,850 1,850
1,300 1,100
6,100
6,100
Nambale Green B eans Grams 2,400 2,170 3,250
1,400
P ric ing Map
Famine Early Warning System FE WS NE T The UN Famine Early Warning Systems Network (FEWS Net), is projecting that all of East Africa will stay under the same level of food insecurity or worsen moving to the medium term projection of February to May. The continuing poor rains and conflict in South Sudan are causing constraints on markets.
Disclaimer Disclaimer: This Newsletter is solely for members and prospective members of PXAfrica. It is therefore not to be disseminated, distributed, or copied to other parties without our consent. This Newsletter will soon only be distributed to active members. NOTICE: PanXchange and PXAfrica are not acting as an advisor and the opinions or views contained herein are not intended to be, and do not constitute, advice within the meaning of Section 975 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. If you have received this communication in error, please destroy all electronic and paper copies and notify the sender immediately. Mistransmission is not intended to waive confidentiality or privilege. PanXchange reserves the right, to the extent permitted under applicable law, to monitor electronic communications.
