ANALYSIS-Kenya's agriculture needs merged exchanges
* Agriculture contributes 25 percent to GDP
* Kenya has three fragmented exchanges
* Delivery threshold for maize farmers too high
By Beatrice Gachenge
NAIROBI March 23 (Reuters) - Kenya needs to consolidate its separate agricultural exchanges to increase the commodities traded and attract new ones, but it needs a new law to achieve that.
Supporters of reform say consolidation of the exchanges would lead to a four-fold growth in the turnover of the sector which underpins the economy of east African's largest economy, contributing about 25 percent to its gross domestic product.
Kenya has three privately-owned commodity exchanges for tea, coffee and some agricultural commodities.
Ethiopia and South Africa have the most active consolidated agricultural exchanges in Africa, which trade a mixture of commodities, and have helped trade in the sector to expand. Continued...