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AVERAGE WHOLESALE PRICES IN LOCAL MARKETS FOR THE WEEK ENDED 25th – 29th NOVEMBER 2024: CEREALS: DRY Maize-White Maize (90kg): 3,522.96|| Rice-IRR (50kg): 6,525.00|| Rice-Pishori (50kg): 7,525.00|| Rice-Sindano(50kg): 6,925.00|| Wheat-Wheat(90kg): 6,200.10|| LEGUMES: Beans-Canadian Wonder(90kg): 6,499.80|| Beans-Mwezi moja(90kg): 10,111.50|| Beans-Mwitemania(90kg): 8,244.00|| Beans-Yellow green(90kg): 13,925.70|| Beans-Red Harricot (Wairimu) (90kg): 9,332.46|| Beans-Rosecoco(90kg): 10,300.50|| Beans-Rosecoco: Nyayo (90kg): 10,755.90|| Green Grams-Hybrid polished(90kg): 10,224.00|| Green Grams-Local special(90kg): 10,418.76|| Green Grams-Makueni(90kg): 11,956.50|| ROOTS & TUBERS: Red Irish Potato-Red Irish potato (50kg): 3,187.50||

"Safeguard your produce in certified warehouses that guarantee quality and reliability."

Certified Storage Solutions 

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Empowering farmers and traders through secure storage, access to finance, and fair market opportunities

Transforming Agriculture 

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Ensuring the highest standards in storage and commodity handling for market-ready produce.

Quality Assurance

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STRUCTURE MARKETS

WAREHOUSE RECEIPT SYSTEM COUNCIL

The Warehouse Receipt System (WRS) Council is a government body established to regulate and promote the warehouse receipt system in Kenya. This system enables farmers, traders, and other market players to store their agricultural produce in certified warehouses and receive a warehouse receipt as proof of ownership.

 

These receipts can be used as collateral for loan or traded as negotiable instruments. The WRS seeks to stabilize agricultural markets, improve post-harvest management, and enhance farmers’ access to credit. Established to foster a transparent, efficient, and regulated warehouse receipt system, we provide farmers, traders, and stakeholders with innovative solutions to unlock the full potential of Kenya’s agricultural sector.

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OUR CORE SERVICES

Warehouse Operators

We certify and regulate warehouses to ensure they meet the highest standards of storage, security, and quality management. Certified warehouses guarantee safe and reliable storage.
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Warehouse Reciept Financing

Warehouse receipts can be used as collateral to access loans from financial institutions or financing in terms of incentives from agro-dealers.
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Warehouse Reciept Trade

Our system connects farmers and traders to markets, enabling trade of stored produce. Through warehouse receipts, stakeholders can sell their goods at competitive prices or wait for better market conditions.
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Collateral Managers

We certify collateral managers to participate under WRS. These certified professionals ensure proper handling, storage, and compliance with quality standards, building trust among stakeholders
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Testimonials

When we deliver our maize to NCPB, we’re issued with a receipt which you can use to access a loan from banks, as well as access credit before selling your produce.
Jonathan King’eno Too
Framer Mauka Cooperative-Nakuru County
For all those farmers who have not joined, we are now going out to do campaign and to sensitize them to join the Warehouse Receipt System because for us whom we have known the Warehouse Receipt System, we have seen the fruits of it. We have benefitted from that. We have been protected from the brokers who are exploiting us year by year but now we’re safe.
Terer Benard
Chairman Mauka Cooperative – Nakuru county
I am really happy with WRS, because they took in my maize, being the first time they were able to pay me in time and the money really helped me.
Damaris Karanja
Farmer Trans Nzoia County
We really want to reach that point where at least all the value chains are brought together to access that system where farmers are guaranteed. Because this is about guaranteeing our farmers that they can produce and they have a place to store, have a place to sell and have a place to aggregate. So those are the issues that we want to look into and actually partner with WRS so that we’re really into it and also sensitize our farmers.
Hon. Leonard K. Bor
CECM Agriculture, Livestock and Fisheries – Nakuru County
The WRS came at the right time. Trans Nzoia because of its geographical situation, we’re boarding other counties that produce maize. So, during harvesting, there is a lot of influx from our neighboring counties destabilizing prices. So, this system has really helped us because farmers will now be keeping their maize there as they wait for the right market price.
Simon Mwembe
Director of Agriculture – Trans Nzoia County
So far, we have registered 20 cooperatives that are dealing with maize and another 24 that are dealing with coffee value chain. We want them to participate in the Warehouse Receipt System, by aggregating their produce together and accessing the market together so that they can return to investment on their produce.
Hosea Serem
Director of Cooperatives Trans Nzoia County
We’re moving from individual farmers to cooperatives, that is aggregating farmers together. So, with this, most of the challenges will be addressed because we will not be dealing with one farmer. There is an aggregation of many farmers being put together with the aim of market access and of course have the financial bit, which they will now be able to access as a unit.
Phanice Naliaka
CECM Agriculture, Livestock, Fisheries, Irrigation and Cooperatives
Usually during harvest time because every farmer is harvesting and selling their produce, there is a glut in the market so with WRS I was able to store my commodities from January to May where instead of selling at a low of Ksh. 2500 I sold it at a high of Ksh. 4,500 because I managed to get the best price.
Isaac Wachira
Farmer – Trans Nzoia County
One of the weaknesses our farmers have is access to credit and we’re hoping that through this system, they will be able to have access to credit using the warehouse receipt as collateral.
Fredrick Owino
Director of Agriculture Nakuru County