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Book (series)The effect of the National Food Reserve Agency on maize market prices in Tanzania 2018
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No results found.Tanzania’s National Food Reserve Agency (NFRA) has a mandate to guarantee national food security through procuring, reserving and recycling grain stocks – primarily maize – and doing so in a cost effective manner. The agency procures maize at set, annual pan-territorial maize prices based on estimated production costs, and distributes maize free of charge or at a discount to targeted vulnerable populations. Surplus stocks are sold in the market, often also at subsidized prices to millers, or at market-related prices to other state or non-state actors. The perception exists that these procurement and sales activities are distortive; hence, this study adopts a time-series econometric approach to modeling price dynamics in selected regional wholesale maize markets in Tanzania with a view to isolate the NFRA’s impact on these markets. Results suggest the NFRA has had an insignificant impact on maize prices during 2010/11–2014/15 despite their pricing strategy and fairly significant presence in at least some regional markets. As such its activities only benefit a select number of maize suppliers, i.e., traders or farmers, or consumers, with limited spillover effects into markets more generally. With this in view, the NFRA should reconsider its strategy of offering a price premium for the maize it procures or selling maize at a discount, even though its mandate of providing subsidized or free maize to vulnerable people is not in question. Current storage capacity expansion plans are also not consistent with the NFRA’s food security mandate. -
Book (series)An assessment of the impact of higher yields for maize, soybean and cassava in Indonesia: A multi-market model approach 2007
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No results found.The changing structure of food demand will generate pressure to diversify away from cereals. It is therefore important that cereal productivity increases be maintained to free land as well as to meet the rising demand for animal feed. This study uses a multi-market model to assess the impact of yield increases for maize, soybean and cassava on cropping patterns, prices, incomes, and other variables of interest to policy makers. Raising maize yield reduces imports and has small but positive side- effects in terms of output and consumption of other commodities and in terms of household’s welfare. Raising maize yields and then removing rice tariffs adds a large increase in soybean output and rice imports to the maize yield increase scenario. The impact on household income is modest with middle and bottom income households more affected – and more so in Java. Livestock production and consumption rise strongly and purchasing power of households is much improved. Raising maize, cassava and so ybean yields stimulates production of these crops and reduces imports in particular of maize and cassava but not of soybeans. Rice imports also fall strongly. Household welfare is positively affected but by little. Combining maize, cassava and soybean yield increases with a rice tariff elimination has a particularly pronounced effect on soybean production. Livestock production and consumption grow strongly. Rice imports fall very sharply as do maize imports. Household incomes generally fall but the effect is small. Purchasing power on the other hand increases significantly. -
Book (stand-alone)Forest product market developments: the outlook for forest product markets to 2010 and the implications for improving management of the global forest estate
World Bank Forest Policy Implementation Review and Strategy Working Paper
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No results found.This paper presents projections of wood and wood product supply and demand to the year 2010. It discusses emerging developments in the availability and management of forest resources and in forest products processing and trade, which have the potential to affect forest products markets in the future. The paper concludes by discussing areas where the World Bank could justify involvement in the forestry sector on the basis of the sector's linkages to its key policy objectives of poverty alleviatio n, environmentally sustainable development and private sector development.
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