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{
    "id": 831095,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/831095/?format=api",
    "text_counter": 192,
    "type": "speech",
    "speaker_name": "Funyula, ODM",
    "speaker_title": "Hon. (Dr.) Wilberforce Oundo",
    "speaker": {
        "id": 13331,
        "legal_name": "Wilberforce Ojiambo Oundo",
        "slug": "wilberforce-ojiambo-oundo-2"
    },
    "content": "That said and done, the warehousing system gives farmers several advantages. While not trying to repeat what my colleagues have said, first, it stabilises prices of goods - agricultural commodities. For some strange reason, our season for production is almost at the same time in the whole country. In the western region, we produce at the same time. The law of supply and demand, where supply exceeds demand, prices plummet below the production cost occasionally. For example, in my constituency, we have a bumper harvest this year and a 2 kilogramme tin of maize which ordinarily would cost as high as Kshs35 has been retailing at Kshs15. That is below the cost of production but since farmers have to dispose in order to get cash, they have no choice but to dispose."
}