Tanzania's cashew sector generated more than 300 billion shillings in revenue during the opening fortnight of the 2026/2027 marketing season, the Tanzania Cashew Board said. The volume of over 100,000 tonnes was recorded through 10 auctions held between October 12 and October 25, 2026, according to Francis Alfred, the board's Director General, speaking in the Mtwara Region.
Payment flows have improved markedly compared with previous seasons. Alfred said that many primary cooperative societies, which act as intermediaries between farmers and buyers, made significant efforts to ensure timely settlement. Some buyers are now making payments within one or two days, and the cooperatives have been passing money to farmers promptly in those cases. While a small number of buyers have delayed payments to cooperatives, and the board is taking legal action against them, Alfred stressed that most farmers are receiving payment on time. Primary cooperative societies have paid farmers as quickly as possible where buyers themselves settled their dues.
Quality standards have been maintained at exceptional levels. Of the more than 100,000 tonnes sold during the two weeks, more than 99.9 per cent graded as quality one cashew nuts, with grade two nuts accounting for less than one per cent. Prices for grade one nuts ranged from 2,970 shillings per kilogramme to 3,430 shillings per kilogramme. Alfred commended farmers and other stakeholders for following guidance from crop specialists on maintaining quality standards that meet market requirements.
Market participation is broadening. A total of 90 companies registered to take part in the auctions, of which 57 have continued to participate and secure bids. Alfred said the market situation continues to improve as the season progresses.