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Marketing year (MY) 2022/23 palm kernel production is forecast at 62,000 metric tons (MT), down by about nine percent compared to Post’s MY2021/22 projection. This is mainly because of an annual three-month drought period (December-February) that negatively affects FFB yield, and consequently kernel yield.
On December 10, 2021, the Government of Kenya announced it would grant exemptions to tariffs on non-genetically-modified (GM) feed ingredients in response to rising feed costs.
Kenya is an emerging middle-income country and has one of the best performing economies in sub-Saharan Africa.