A 50 kg bag of local rice currently sells between US$43 and US$53, up from US$30 to US$36 just two months ago.
Farmers opposed the decision, citing that it would affect the local produce.
The initiative aims to modernise the entire rice value chain by integrating digital tools that improve efficiency, transparency, and farmer support.
Kenya consumes approximately 1.3 million tonnes of rice annually.
Farmers cultivate individual plots, store rice collectively, and sell during lean seasons.