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The Effects of the Food Reserve Agency on Maize Market Prices in Zambia

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  • Mason, Nicole M.
  • Myers, Robert J.

Abstract

This policy synthesis estimates the effects of the Zambia Food Reserve Agency’s (FRA) activities on maize market prices in the country. The FRA, a government parastatal strategic food reserve/maize marketing board, buys maize at a pan-territorial price that typically exceeds wholesale market prices in major maize producing areas. It then exports the maize or sells it domestically at prices determined by tender, at auction, or administratively. In deficit production years, the Agency often imports maize and sells it to select large-scale millers at below-market prices.

Suggested Citation

  • Mason, Nicole M. & Myers, Robert J., 2011. "The Effects of the Food Reserve Agency on Maize Market Prices in Zambia," Food Security Collaborative Policy Briefs 120766, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  • Handle: RePEc:ags:midcpb:120766
    DOI: 10.22004/ag.econ.120766
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    2. Nkonde, Chewe & Mason, Nicole M. & Sitko, Nicholas J. & Jayne, Thomas S., 2011. "Who Gained and Who Lost from Zambia's 2010 Maize Marketing Policies?," Food Security Collaborative Working Papers 99610, Michigan State University, Department of Agricultural, Food, and Resource Economics.
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    Keywords

    Agricultural and Food Policy; Food Security and Poverty;

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