Report On A Study To Crowdsource Farmgate Prices For Maize And Soybeans In Malawi
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Report On A Study To Crowdsource Farmgate Prices For Maize And Soybeans In Malawi
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Author : Ochieng, Dennis O.
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2020-10-08
Report On A Study To Crowdsource Farmgate Prices For Maize And Soybeans In Malawi written by Ochieng, Dennis O. and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-08 with Political Science categories.
This report summarizes the findings from an innovative study to collect the prices that farmers received for maize and soybeans during the 2020 main marketing season in Malawi. Between April and July, whenever they sold maize or soybeans, farmers were asked to report the prices they received by calling or texting a toll-free number managed by Farm Radio Trust. Reported prices were then compared to the minimum farmgate prices set by the Ministry of Agriculture and Food Security. Our findings show that 75 percent of maize farmers and 90 percent of soybean farmers sold their crops below the official minimum farmgate prices. On average, prices received by these farmers were approximately three-quarters of official minimum farmgate prices.
Handbook Of Agricultural Economics
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Author :
language : en
Publisher: Elsevier
Release Date : 2021-12-08
Handbook Of Agricultural Economics written by and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-08 with Social Science categories.
Handbook of Agricultural Economics, Volume Five highlights new advances in the field, with this new release exploring comprehensive chapters written by an international board of authors who discuss topics such as The Economics of Agricultural Innovation, Climate, food and agriculture, Agricultural Labor Markets: Immigration Policy, Minimum Wages, Etc., Risk Management in Agricultural Production, Animal Health and Livestock Disease, Behavioral and Experimental Economics to Inform Agri-Environmental Programs and Policies, Big Data, Machine Learning Methods for Agricultural and Applied Economists, Agricultural data collection to minimize measurement error and maximize coverage, Gender, agriculture and nutrition, Social Networks Analysis In Agricultural Economics, and more. - Presents the latest release in the Handbook of Agricultural Economics - Written and contributed by leaders in the field - Covers topics such as The Economics of Agricultural Innovation, Climate, Food and Agriculture, Agricultural Labor Markets, and more
Mixed Fortunes Prices Paid To Soybean Farmers Have Improved In 2021 But Not Those To Maize Farmers
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Author : Baulch, Bob
language : un
Publisher: Intl Food Policy Res Inst
Release Date : 2021-08-24
Mixed Fortunes Prices Paid To Soybean Farmers Have Improved In 2021 But Not Those To Maize Farmers written by Baulch, Bob and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-24 with Political Science categories.
Between April and July 2021, IFPRI Malawi conducted its second, nationwide crowdsourcing exercise on the maize and soybean prices paid to farmers. In contrast, to the main harvesting season in 2020, when around three-quarters of sales of maize and soybeans took place at less than the official minimum farmgate price (MFGP), in 2021 the prices paid to soybean farmers have been good but those paid to maize sellers have been poor. Specifically, between early April and late June this year, about eighty percent of soybean farmers received prices equal to or above the minimum price for soybean. However, over the same period, less than ten percent of maize farmers received prices equal to or above the MFGP for maize.
Analysis Of Main Determinants Of Soybean Price Volatility In Malawi
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Author : Aubrey Victor Chimaliro
language : en
Publisher:
Release Date : 2018
Analysis Of Main Determinants Of Soybean Price Volatility In Malawi written by Aubrey Victor Chimaliro and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
The study primarily focuses on analysing the extent of soybean price volatility in Malawi. The interest in the study was triggered by the findings from literature noting soybean prices in Malawi as being particularly volatile. Soybean is one of the most important oilseed crops in Malawi and has the potential to become a major export crop. It offers good export prospects to neighbouring countries in Southern Africa, but has also been prioritised for its potential domestic contribution in Malawi. It is regarded as one of the value chains that promotes better nutrition in Malawi since most diets are dominated by maize, which contributes to malnutrition in Malawi. The study empirically estimates soybean price volatility using a GARCH (1,1) model and results indicate that both the lagged squared residual and the lagged conditional variance have an effect on the conditional variance of soybean prices. GARCH terms are significant, indicating some volatility clustering in monthly returns of soybeans in Malawi, South Africa and the world. The study confirms that soybean prices in Malawi have been more volatile relative to South Africa and the USA. To evaluate the extent to which domestic soybean price volatility can be attributed to regional and global market volatility, the Engle-Granger procedure was employed to estimate long-run co-integration between soybean prices in Malawi, South Africa and the world. The prices are categorised into six pairs and testing the long-run co-integration between these pairs involve both directions. Five out of the six pairs of prices exhibit long-run co-integrating relationships. An error correction model (ECM) is also employed to estimate the speed of adjustment to the equilibrium for five co-integrated price series. South Africa is the fastest in responding to the USA price changes, taking two months. Malawi is the second fastest since it takes about four months for soybean prices to respond to shocks in South African markets. However, it takes about seven months for the USA soybean prices to respond to price shocks in the South African markets which is longer than the period that Malawi takes to respond. South Africa takes nine months to respond to the shocks that occur in the Malawian markets. USA is the lowest in terms of the speed of adjustment since it takes about sixteen months to respond to the Malawian market shocks. Therefore, this study agrees with expectation that changes in the international markets affect the domestic markets. This is so because South Africa is a small nation in the international soybean market and Malawi is even much smaller 0́3 the volumes traded in these markets are considered too small to have any meaningful impact on world market prices. Lastly, to evaluate the influence of shocks on the South African prices, as well as selected macro-economic variables in Malawi on soybean price volatility in Malawi, the study employs a vector error correction model (VECM) to evaluate the long- and short-run relationship between soybean prices and explanatory variables (South Africa soybean prices, exchange rates and consumer price index). The error correction coefficient of -0.2089 is negative and highly significant which is in line with expectations. The Johansen test points to the possibility of 1 or 2 cointegrated relationships between variables. The Wald test results show that the probability values of the joint F-statistics for South African soybean prices and Malawi exchange rate are significant at 10% and 5% levels respectively. Based on the significance of both the error correction term and the joint F-statistics of the two lagged variables in the Wald test results, the study concludes that South Africa soybean prices and Malawi exchange rate are significant drivers of volatility in Malawi soybean prices.
Discretionary Maize Policy Interventions In Malawi
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Author : Edelman, Brent
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2016-07-28
Discretionary Maize Policy Interventions In Malawi written by Edelman, Brent and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-28 with Political Science categories.
This study assesses the efficacy of maize export bans in improving food security in Malawi and of minimum farm gate prices in increasing the incomes of Malawian smallholder farmers. It relies primarily on price and trade flow analysis using secondary data. In brief, the analysis shows that neither tool has been particularly effective in recent years in achieving their stated policy objectives. On the contrary, both maize export bans and minimum farm gate prices have been mostly non-binding or even counterproductive in their effects.
A Farm Level Perspective Of The Policy Challenges For Export Diversification In Malawi
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Author : Johnson, Michael E.
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2016-08-26
A Farm Level Perspective Of The Policy Challenges For Export Diversification In Malawi written by Johnson, Michael E. and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-26 with Political Science categories.
The primary goal of the study is to investigate the potential to expand oilseeds, specifically soybeans,as an alternative commercialcrop to tobacco among Malawian farmers. A principal motivation for undertaking the study at the microeconomic level is to determine, in a theoretically consistent fashion, the type of policy and economic environment under which farmers begin to shift more of their scarce resources to oilseed production.The study aims to provide recommendations to a growing demand among policy makers and development partners for a greater diversification of exports and crop production systems of the majority smallholder farmers in Malawi. Using representative farm models, the study examinesthe potential for expanding production of soybeans among typical smallholder farming systems in Malawi. The results will help guide future policies and investments targeted at promoting greater crop diversification and incomes, in order to reduce poverty and malnutrition in Malawi. Given the amount of labor and land resources allocated to maize production for food security purposes, we also consider the policy challenges that emerge for crop diversification as a result
Structure Conduct And Performance Of Maize Markets In Malawi
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Author : Ochieng, Dennis O.
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2019-08-21
Structure Conduct And Performance Of Maize Markets In Malawi written by Ochieng, Dennis O. and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-21 with Political Science categories.
Seasonal analysis of the structure, conduct, and performance (SCP) of markets for staple crops has received relatively little attention in food policy analysis yet it has important implications for food and nutrition security. This study employs a mixed methods approach to analyze the SCP of maize markets in Malawi in the 2018/19 main harvest and lean seasons. We interviewed 749 traders from 74 markets across 8 districts, held 28 focus group discussions (FGD) with a total of 480 farmers and analyzed daily and weekly price data from 13 regional markets. The structure of maize markets was explored by examining marketing channels, barriers to entry and the competitiveness of different tiers of the marketing chain. Inequality in sales revenues, switches in trader types between seasons, quality and weights standardization, and the behavior of traders were used to examine market conduct. Performance was assessed by examining traders’ costs and margins, and the spatial and temporal integration of maize markets. We find that Malawi’s maize market is pyramidal in structure and highly competitive at lower tiers of trade but ‘oligopolistic’ at higher tiers. The market channels vary across seasons with switches between trader types and instances of rural-urban trade reversals. There is considerable inequality of sales revenues among traders of similar capacities, and a widespread lack of structured trading despite existing institutions. A high ratio of marketing costs to revenue suggests marketing inefficiencies. Malawi maize prices were highly seasonal and more volatile than neighboring countries. In contrast to previous studies, our findings show weak spatial integration of markets and slow price adjustments to long-run equilibrium values even among short-distance market pairs. The study highlights five pathways to improving Malawi’s maize marketing system: (1) increased policy predictability to promote private-sector investment; (2) institutionalization of quality grades and standardization of weights and measures; (3) increased commercialization of smallholder maize production; (4) investment in enabling infrastructure; and (5) the promotion of structured trading.
Ifpri Malawi Monthly Maize Market Report June 2022
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Author : International Food Policy Research Institute (IFPRI)
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2022-08-03
Ifpri Malawi Monthly Maize Market Report June 2022 written by International Food Policy Research Institute (IFPRI) and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-03 with Political Science categories.
The Monthly Maize Market Report was developed by researchers at IFPRI Malawi with the goal of providing clear and accurate information on the variation of maize prices in selected markets throughout Malawi. The reports are intended as a resource for those interested in maize markets in Malawi, namely producers, traders, consumers, or other agricultural stakeholders.