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Short-term gains of price controls outweighed in long term, say analysts |
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If a new bill seeking price controls on maize, wheat and other essential commodities is implemented, it may benefit the poor who have been priced out of food in the short term but id unsuitable in the long term, warn analysts. |
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New fertilizer to boost cereal farmers by improving acidic soils |
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Cereal farmers are set to benefit from a new organic fertilizer best suited for high acidity soils such as those in the North Rift and parts of the Central Rift Valley. The Tanzanian import is rich in phosphates and is marketed in powder and granular forms, according to Mr Eustace Muriuki, the general manager for Mea Fertilizers.
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International prices of agricultural commodities drop |
But high prices of non-cereal products still keep food import bills high, especially in developing countries  Despite recent drops in international food prices, the cost of the average food basket is 69 percent higher than six years ago
The FAO Food Price Index averaged 164 points in May 2010, down from 174 points in January and substantially less than its peak of 214 in the spring of 2008, the report notes.
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