Farmgate prices of maize have jumped 11.11 per cent to Sh2,000 per 90-kilogramme bag over the last two weeks, market data shows, signalling a potential rally in the cost of flour.
Data shows that traders, desperate for stocks held by farmers, are now offering Sh2,000 per bag at the farmgate — an improvement from the initial Sh1,800 offer that the growers had rejected, terming it too low.
