Johannesburg - Kenya has approved
the import of 5 million bags of yellow corn
from Ukraine as a drought slashes its own output of the grain.
The imports, the
first of the variety since 2011, will be distributed to animal feed
millers, said Johnson Irungu, Director of Crops at the Ministry of
Agriculture, in an interview on Thursday.
Arrival of the corn from Ukraine will free up more locally grown
white corn for human consumption, said Jacques Pienaar, an analyst at
South Africa’s Commodity Insight Africa.
Corn yields in Kenya this
season have halved because of the drought, the National Drought
Management Authority said on February 6. The imports will cost $260 to $270 a
ton if landed at the port of Mombasa, according to Pienaar. That would
mean a total cost of about $119m.
“It will basically help” ease pressure on white corn supplies, Pienaar said by phone. “It will definitely make a dent.”
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