Price Raise

At Ksh 43 per liter, New KCC has set the bar for raw milk prices, boosting earnings for its dairy farmers as it moves to shore up its raw milk intake

Farmers supplying milk to the New KCC have a reason to smile after the processor increased its prices from Sh35 per litre to Sh43. New KCC will become the highest paying milk processor surpassing Brookside Dairies, a private company offering Sh42 per litre.

The company’s managing director Nixon Sigey said the firm had made the decision to cushion farmers from high cost of production due to the ongoing drought.

“Currently, milk farmers are facing feeds shortage and the board has made decision to increase the milk prices from Monday to cushion farmers,” he said at Eldoret New KCC factory on Friday when Deputy Presdient William Ruto visited to present cheques to farmers for decades-old debts owed by the firm.

This is the second increase in a month as the company goes toe-to-toe with the private companies for the milk.

Source:Daily Nation. Read More

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