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Commodities exchange to help stabilise prices of agricultural produce

Farmers harvest maize in Uasin Gishu county. [File, Standard]

A new trading system has been launched in Eldoret, aimed at giving producers of agricultural commodities a platform to buy and sell their produce using a model similar to the stock exchange.

Experts spearheading the new commodities trading system said agricultural producers and dealers in other products will get the chance to place their goods in the system and wait for better prices.

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