Sh24m cherry advance now available to Meru coffee farmers


[Source: Business Daily, by Gitonga Marete]

Coffee farmers in Meru can now access Sh24 million cherry advance for parchment delivered to the New Kenya Planters Cooperative Union (NKPCU) mill.

New KPCU chairman Henry Kinyua said so far, the mill has received 6,400 bags of 50 kilos each from farmers, which it will start milling this week.

Going by average prices during the last auction at the Nairobi Coffee Exchange (NCE), the 320,000 kilos parchment is worth Sh60 million with farmers able to access…

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