President William Ruto has directed New KCC (Kenya Co-operative Creameries) - the State-run milk processor - to increase the amount it pays farmers for raw milk to Sh50 a litre effective March 1.
This is a boon for dairy farmers and is likely to spark a price war among dairy companies as they woo farmers for milk supply.
The companies currently buy milk from farmers at about Sh35 per litre. Prices had hit a high of Sh45 a litre last year as the prolonged dry spell hit the sub-sector hard, but milk production has since gone up following the rains, resulting in a drop in prices that firms pay to farmers. Retail prices have, however, remained up, with a litre going for Sh120 for most brands currently.
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