The Kenya Dairy Board (KDB) said last week the formal market had dropped five percent in the last three months as effects of dry weather continue to be felt in different parts of the country. The KDB indicates that milk to processors has declined from 56 million kilos in January to 54 million kilos in February before settling at 53 million kilos last month
Consumers will pay Sh5 more for the half-litre packet which is currently retailing at Sh55 from Sh50, this is after milk processors increased consumer price of long-life milk by Sh5 for a 500ml packet, citing shortage of the commodity in the market.
“We have adjusted the price of long life milk because of the scarcity that we are facing,” says New KCC managing director Nixon Sigey. This is the first time that the price of the commodity has hit Sh55 in the last two years.
Milk production in the country has been affected by a prolonged dry spell with the rains yet to hit the ground. Last week the Weather-man said that this season’s rains could be short-lived.
The Kenya Dairy Board (KDB) said last week the formal market had dropped five percent in the last three months as effects of dry weather continue to be felt in different parts of the country. The KDB indicates that milk to processors has declined from 56 million kilos in January to 54 million kilos in February before settling at 53 million kilos last month.
Steven Umidha is a data and financial journalist with over 14 years of work experience in journalism and communication.
He specialises in finance and economics reporting as well as on the causes, impacts, and solutions of global warming, conservation, pollution and sustainability, often blending scientific literacy with journalist ethics, while involving policy analysis and multimedia storytelling across various platforms in highlighting issues from biodiversity loss to ecological justice.
Besides being the Founder of Financial Fortune Media, Umidha has previously worked with the Standard Media Group, Mediamax Networks LTD, bird story agency, Business Journal Africa, and Financial Post among other outlets.
He can be reached on: Email: info@financialfortunemedia.com
Cell: +(254)726-879-488