Coffee prices jumped by over Ksh3,700 in the latest auction, with farmers reaping the rewards of the recent coffee reforms.
Coffee auctioned on Tuesday, August 12, yielded Ksh556 million in total earnings, up from Ksh368.5 million in the last auction.
According to data from the Nairobi Coffee Exchange, 10,099 bags of coffee were traded, compared to 7,278 bags in the previous auction.
The average price stood at Ksh44,243 per 50kg bag, up from Ksh40,493.
