Riddle of low cost of maize, high flour prices

PHOTO:STANDARD

Wholesale prices of maize have remained largely the same since January yet millers have increased the price by 20 per cent over that period.

Data from the National Cereals and Produce Board (NCPB) shows that the national average wholesale price for a 90kg bag of maize was Sh2,441 at the end of January. Consumers, on the other hand, were buying the same at a retail price of Sh2,880.