The critical link needed to address warehouse receipt system price risk

Workers inspect maize delivered at the NCPB Eldoret depot on February 2, 2023. The facility operates a warehouse receipt system.

Photo credit: File | Nation Media Group

A lot has been written about the warehouse receipt system (WRS) - a platform aiding farmers to hold their produce in certified warehouses where they can be tested, cleaned, graded and to receive a receipt as proof of ownership.

The idea was mooted as a way to minimise post-harvest losses suffered by farmers, to help them get better prices and gain access to collateral financing.

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