Coffee farmers earn Sh1 billion at Nairobi auction

51 bags of AA were sold to Ibero Kenya at Sh46,170 per bag of 50 kilograms. [Kibata Kihu, Standard]

Farmers earned Sh1 billion in this week's coffee auction from the sale of 25,180 bags with premier grades of AA and AB fetching better payments.

The payment to the farmers affiliated to 1,001 cooperatives and estates is more than last week's proceeds of Sh1,022 billion from the sale of 26,449 bags of coffee.