Daily Monitor
Monday May 03 2021
Summary
Vanilla is harvested twice a year; June -July and December –January.
Uganda has some of the best vanilla in the world and this puts it at a competitive advantage with the rest of the world’s producers.
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The falling prices of vanilla have left farmers frustrated, with many afraid that they might not recover investment costs during the harvesting season, which commences next month.
The farmers say some buyers have already intimated that the prices may drop further, with a kilogramme of vanilla going for between Shs10,000 and Shs20,000, down from about Sh50,000 10 months ago.