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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Marketing Maize and Tef in Western Ethiopia: Implications for Policies Following Market Liberalization
Authors:Dadi, Legesse
Negassa, Asfaw
Franzel, StevenISNI
Periodical:Food Policy
Geographic term:Ethiopia
Subjects:food policy
grain processing
Economics and Trade
Agriculture, Natural Resources and the Environment
Development and Technology
Politics and Government
External link:https://doi.org/10.1016/0306-9192(92)90028-V
Abstract:Ethiopia has recently eliminated fixed grain prices and has reduced its role in purchasing grain from farmers. Results indicate that private sector marketing of maize and tef is characterized by high risks and variable gross margins. Returns from storing grain for later sale can be high but predicting price movements is risky. Interspatial arbitrage is seriously flawed; correlations in prices between markets range from weak to strong. The government's restriction of the movement of grain and market interventions during the survey period are partly responsible for these trends. Proposed measures to improve marketing performance include improving feeder roads, providing credit to traders and transporters, improving farm-level maize storage facilities, and permitting markets in an area to be held on different days of the week. Research for this study was carried out in the Bako area in the period 1986-1988. Ref.