Cassava price goes down

Aug 23, 2010

<b>Rice</b><br>The price of super, a variety of rice, has gone down by about sh200 in the central. A kilo that was selling at sh1,800 in Owino Market is now selling at sh1,500. Sellers attribute the low prices to the large stocks of super rice in the stores.

Rice
The price of super, a variety of rice, has gone down by about sh200 in the central. A kilo that was selling at sh1,800 in Owino Market is now selling at sh1,500. Sellers attribute the low prices to the large stocks of super rice in the stores.

However, rice prices in Arua increased by sh200 for the Kayiso variety and sh100 for super two weeks ago and the prices have remained. Dealers attribute the increase to high fuel prices since supper rice is transported from Kampala and kayiso from Gulu.

Two weeks ago, rice prices in Iganga also dropped by about sh50 and the price has remained.

Irish potatoes
The price of Irish potatoes has gone up in the central and east. This is due to the shortage on the market that the experts warned about last week.

Nakawa, Kalerwe and Owino markets have registered an increase in the price by about 150. A kilo of Irish potatoes is selling at between sh700 and sh800.

Last week’s report showed that the supply of Irish potatoes would go down because the farmers in Kabale and Kisoro were storing their produce for the future. The price is expected to remain high because the rainy season, which ends in December is expected to start soon.

However, the prices have not increased in the northern and western regions.

Cassava
The price of fresh cassava has gone down by sh300 in the central. Five fingers of cassava that were previously sold at sh1,000 are now sold at sh600. In some places they are even being sold at sh400. This reduction has been attributed to an increase in supply of fresh cassava to this market.

However, there is a shortage in the supply of fermented and sundried cassava in Kasese. Kasese gets it supply from mainly the Democratic Republic of Congo, Kagadi and Bundibugyo.

Beans
In Arua, the price of Nambale, a variety of beans, rose by sh200 to between sh1,300 and sh1,500. A sh300 increase in price was also registered in Kisoro. A kilo of Nambale that was selling at between sh1,000 and sh1,400, is now selling at between sh1,300 and 1,700.

Ground nuts
The northern, western and central markets have registered a fall in the price of ground nuts. However, the price has gone up in Busia. A kilo now costs between sh2,000 and sh3,500.Where prices have reduced farmers attribute it to increased yield and where they have increased, farmers attribute it to an increase in the price of fuel.

Compiled by Stella Nassuna

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