Subsidized Fertilizer Hot Air

[gout]

• Tweet

Since December Linturi has been moving all over. Gachagua same. Kenya Trading Co lady same.

We are now on to April. Ruto has to focus on some of these things given this is what we are banking on to lower cost of living. He is all over as thing get stuck.

A survey by the Central Bank of Kenya indicates that only 29 percent of farmers have purchased subsidised fertiliser as the planting season starts with some growers opting for the expensive commodity in agro vets.

The subsidised fertiliser is being sold at a maximum price of Sh3,500 per 50-kilogramme bag.

CBK said farmers who are yet to receive the subsidy cited a lag between the date of receipt of the notification and redemption of the voucher.

The report further says some of those not registered cited poor quality of the fertiliser, limited stocks, delayed delivery and lack of money.

https://www.businessdailyafrica.com/bd/markets/commodities/only-29pc-of-farmers-get-subsidised-fertiliser--4183728

[RV Pundit]

Very true.
I decided to hire some farms and try farming.
Same story - most farmers being given dates four weeks in the future
And fertilizer is NPK - meaning you need twice the application.
Agrovet are selling 5700 - Gov 3,500.
So this one is epic fail.

Linturi should be reshuffled.

Agri too important

[RV Pundit]

Too many reports on the subsidised fertiliser scheme being bungled.

This was a key tenet of their food security agenda.

Thorough investigations must be made & accountable parties questioned.

— Mihr Thakar (@MihrThakar) April 4, 2023

?s=20

[hk]

Kenya trading corporation is another disaster loading. Fertilizer subsidies are designed to show that the government is doing something to improve food production and productivity. But in reality the solution might be to zero rate all farms inputs and liberalize importation.