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Coffee farmers are likely to earn more this financial year, thanks to improved prices both in the local and international markets. Coffee prices at the Nairobi Coffee Exchange (NCE) and New York Futures have been increasing especially for the premiums grades -AA and AB thus signaling better fortunes for local coffee growers.
Coffee firm Sasini Tea and Coffee last week predicted a bright future for coffee farmers in Kenya as demand for local coffee beans at the international market continue to increase. The company chairman Maushad Merali during a coffee farmers open day at Sasini coffee mill in Kiambu County said quality coffees both at that the auction and through direct sales are fetching prices in excess of $7 per kilogramme.
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