The market over the weekend had good supply of fresh commodities.
There was plenty of supply for commodities such as Matooke, fresh cassava sweet potatoes and Irish potatoes.
Other commodities that flooded the market included beans and groundnuts.
The supply for the above commodities exceeded demand hence pushing the prices lower than usual.
A lot of matooke was delivered in the markets from the Native areas of Mbarara and Masaka with a sack that weighs between 110kg-120kg selling at Ush 30,000 and 25,000 off lorry.
Irish potatoes had a good supply which forced a reduction in price. There were plenty of Irish potatoes from Ssingo that forced the Kabale crop to sell at Ush 55,000 ,Ssingo Ushs48, 000 and Kisoro for ushs50, 000.
Fresh cassava and sweet potatoes also continue to flood the markets especially kalerwe and owino, a 2-3kgs heap was selling at Ushs 500.
There was an increase in supply for the large and medium size beans and low supply for mixed beans. No change was registered for the small beans as there demand is low prompting farmers not to cultivate them. Mityana and Mubende has been the major supplier of large beans (K132) and medium sized beans like ‘Kahoola’ (Rosecoco) came from Mbarara and Kasese. Price range for Nambale (K132) beans was Ushs. 1,000- 1,100/kg off lorry Kalerwe and Owino markets. Medium size went for Ushs.1, 100-1,200/kg. The small size beans (white) are going for Ush.900/kg while Mixed beans at Ush.800/kg off lorry Kisenyi market.
Although there was an increase in supply of groundnuts, the price remained stable at Ushs 1,800 and Ushs 2,000 in most of the Kampala Markets due to the increase in demand as students prepared to go to school.
Traders also acknowledged the presence of some groundnut stock from Tanzania, as the other determinant for its stable price.
All in all the supply exceeded the demand for most commodities in these markets leading to a decrease in prices.
Tuesday, May 15
Market watch
The markets have expirenced minor changes since last week as supply for maize grain and majority of other commodities have been good.
Maize grain price is stable between ugshs 250 to 255 per kilo from grain stockists.The grain is selling in all the markets between ugshs 500 to 600 per kilo for the high quality type.
There is also a good supply of other commodities such as Irish,cassava and matooke.Plenty of irishpotatoes are coming in from Kabale,Ssingo and Kisoro districts.
A sack which weighs about 120kg of the Ssingo crop is selling at 50,000Ugshs while Kabale is at 63,000Ugshs.
Plenty of yellow beans in the markets from Tanzania and Kasese costing ushs 800 offlorry per kilo.
Large beans( K132 ) stocks have reduced but there is an anticipation that price will drop due to the appearance of fresh beans in the market.
Retail price is between ushs 1300-1500 per kilo depending on the quality.
Medium beans are a favourite export to the Southern Sudan and World Health Organisation.
There is a reduction supply of groundnuts compared to last week. A sack was offloaded for ushs 140,000 and 150,000 from Hoima and Arua respectively at Owino market.
Other commodities that had good supply included sorghum and cassava and traders expect prices to go down further because of the harvesting season in growing areas.
Matooke is also in plenty and the trend is to remain for sometime because of the regular supply from Mbarara as fuel prices continue to stabilise although the trend can change if fuel prices shoot up like in the past weeks where trucks failed to deliver on time causing scarcity.
Traders anticipate the decrease in demand for most commodities and an incresae in demand for maize,beans and rice as the new school term begins.
Maize grain price is stable between ugshs 250 to 255 per kilo from grain stockists.The grain is selling in all the markets between ugshs 500 to 600 per kilo for the high quality type.
There is also a good supply of other commodities such as Irish,cassava and matooke.Plenty of irishpotatoes are coming in from Kabale,Ssingo and Kisoro districts.
A sack which weighs about 120kg of the Ssingo crop is selling at 50,000Ugshs while Kabale is at 63,000Ugshs.
Plenty of yellow beans in the markets from Tanzania and Kasese costing ushs 800 offlorry per kilo.
Large beans( K132 ) stocks have reduced but there is an anticipation that price will drop due to the appearance of fresh beans in the market.
Retail price is between ushs 1300-1500 per kilo depending on the quality.
Medium beans are a favourite export to the Southern Sudan and World Health Organisation.
There is a reduction supply of groundnuts compared to last week. A sack was offloaded for ushs 140,000 and 150,000 from Hoima and Arua respectively at Owino market.
Other commodities that had good supply included sorghum and cassava and traders expect prices to go down further because of the harvesting season in growing areas.
Matooke is also in plenty and the trend is to remain for sometime because of the regular supply from Mbarara as fuel prices continue to stabilise although the trend can change if fuel prices shoot up like in the past weeks where trucks failed to deliver on time causing scarcity.
Traders anticipate the decrease in demand for most commodities and an incresae in demand for maize,beans and rice as the new school term begins.
Thursday, May 10
The 15th source of the Nile Agricultural Trade show: July 17-22nd.
The Uganda National farmers Federation has Organized the 15th source of the Nile agricultural trade show in Jinja district from July 17th to 22nd.
This year’s theme is: Agricultural innovations for better income.
The show is to attract over 500 exhibitors who will be farmers from countries neighboring Uganda and others from Asia, China, and the US.
The show aims at building partnerships between Uganda and other agricultural states.
It will be an excellent opportunity for Ugandan farmers to demonstrate the innovations, sell produce and also attract investors.
This year’s theme is: Agricultural innovations for better income.
The show is to attract over 500 exhibitors who will be farmers from countries neighboring Uganda and others from Asia, China, and the US.
The show aims at building partnerships between Uganda and other agricultural states.
It will be an excellent opportunity for Ugandan farmers to demonstrate the innovations, sell produce and also attract investors.
Wednesday, May 9
Middlemen still take a lion's share.
Though farmers have maximized the use of the mobile phone’s to access market information from any part of the country, via sms on market prices, the middleman still stand’s out and take a lion’s share.
This was revealed at a recently concluded CELAC knowledge fair, which took place in luweero, an event that brought together a number of farmers from various districts who apart from participating in various activities ,managed to express their views about issues that affected them.
The middlemen are still regarded as exploiters who buy their produce at a lower price and sell at a higher price.
Although they appreciate the use of the mobile phone as the gadget which helps them know in seconds the current price of any crop at any market throughout the country, which could eliminate middlemen as price determinants, farmers still complain that the middlemen take advantage of their urgent need for money and cheat them by offering a small fraction of the market price for their produce.
‘When faced with fees to pay for children returning to school and the ever increasing medical and tax bills, I would rather sell at a lower price than not at all. say's farmer Ngati.
Much as they have all this market information, they also lack transport to ferry crops from the villages to urban areas where the prices are higher or to any other part of the country where they could fetch a higher price.
Some villages are unreachable, so visiting the area involves a tough hassle given the terrible neglected road systems.
‘ Having access to a roadside in the village where the transporters collect the produce is another hassle , so how do I take advantage of the good price in a Kampala market, when my tomatoes are busy rotting in my garden? I would rather give them to the middleman who will give me the money instead of losing out completely’ says a farmer from Sironko district.
It is expected that with the use of mobile phones, farmers would be better placed to negotiate but such circumstances make them succumb to middlemen who take advantage and buy at very low prices only to sell later or even sometimes instantly at very high prices.
The ever increasing fuel costs also make them more vulnerable to the middlemen who take advantage of the situation and justify the need to offer them very low prices for their produce.
They suggested the formation of more stronger farmer associations that would eliminate middlemen and make them fetch higher incomes from their produce.
This was revealed at a recently concluded CELAC knowledge fair, which took place in luweero, an event that brought together a number of farmers from various districts who apart from participating in various activities ,managed to express their views about issues that affected them.
The middlemen are still regarded as exploiters who buy their produce at a lower price and sell at a higher price.
Although they appreciate the use of the mobile phone as the gadget which helps them know in seconds the current price of any crop at any market throughout the country, which could eliminate middlemen as price determinants, farmers still complain that the middlemen take advantage of their urgent need for money and cheat them by offering a small fraction of the market price for their produce.
‘When faced with fees to pay for children returning to school and the ever increasing medical and tax bills, I would rather sell at a lower price than not at all. say's farmer Ngati.
Much as they have all this market information, they also lack transport to ferry crops from the villages to urban areas where the prices are higher or to any other part of the country where they could fetch a higher price.
Some villages are unreachable, so visiting the area involves a tough hassle given the terrible neglected road systems.
‘ Having access to a roadside in the village where the transporters collect the produce is another hassle , so how do I take advantage of the good price in a Kampala market, when my tomatoes are busy rotting in my garden? I would rather give them to the middleman who will give me the money instead of losing out completely’ says a farmer from Sironko district.
It is expected that with the use of mobile phones, farmers would be better placed to negotiate but such circumstances make them succumb to middlemen who take advantage and buy at very low prices only to sell later or even sometimes instantly at very high prices.
The ever increasing fuel costs also make them more vulnerable to the middlemen who take advantage of the situation and justify the need to offer them very low prices for their produce.
They suggested the formation of more stronger farmer associations that would eliminate middlemen and make them fetch higher incomes from their produce.
Subscribe to:
Posts (Atom)
