Cargill Kenya Limited, the company that has been the top buyer at the Mombasa Tea Auction, is exiting the market, dealing a blow to farmers and traders as it now focuses on origination and trading of wheat, maize, barley, and soybean in the country.
The top players that are set to benefit from Cargill’s exit include Global Tea Commodities, Chai Trading Company, LAB International, James Finlay, and Mombasa Coffee, which together control half of the market.
