
Kenya's National Assembly approved the Excise Duty (Remission of Excise Duty) Regulations, 2026, unanimously. The rules let the Treasury Cabinet Secretary grant full or partial excise relief to beer, spirits and wine makers that use locally grown crops other than barley, including sorghum, millet and cassava.
Excise relief for alcohol makers using local sorghum and millet could lift demand for those grains in Kenya. The effect on feed markets is likely small, since the demand shift is for brewing and distilling inputs.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.