Kenyan Coffee Farmers Hope For Better Earnings As Coffee Year Begins – CoffeeTalk

Coffee farmers in Kenya generated $187.6 million USD from the sale of 691,956 bags at the Nairobi Coffee Exchange (NCE) during the 2023/2024 coffee year. The year was marked by mistrust between farmers and sector players due to delays in remittance of money into cooperative societies’ bank accounts and other challenges. Deputy President Rigathi Gachagua pleaded with farmers to sell their coffee through the NCE, but the majority declined due to demands for continued trading with former marketers. In January, coffee brokers Kirinyaga Slopes, Alliance Berries, and New KPCU mobilized cooperative societies to deliver coffee through the auction. In the previous year, coffee production was 32,652 metric tonnes sold through auction and 9,350 metric tonnes through direct sales. NCE chief executive Lisper Ndung’u said the demand for quality coffee has been high and called on farmers to increase production.

Read More @ The Standard