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The effects of the Food Reserve Agency on maize market prices in Zambia

  • Nicole M. Mason
  • Robert J. Myers

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.

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File URL: http://hdl.handle.net/10.1111/agec.12004
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Article provided by International Association of Agricultural Economists in its journal Agricultural Economics.

Volume (Year): 44 (2013)
Issue (Month): 2 (03)
Pages: 203-216

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Handle: RePEc:bla:agecon:v:44:y:2013:i:2:p:203-216
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  2. Zulu, Ballard & Jayne, Thomas S. & Beaver, Margaret, 2007. "Smallholder Household Maize Production and Marketing Behavior in Zambia and Its Implications for Policy," Food Security Collaborative Working Papers 54481, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  3. Tembo, Gelson & Chapoto, Antony & Jayne, Thomas S. & Weber, Michael T., 2009. "Fostering Agricultural Market Development in Zambia," Food Security Collaborative Working Papers 54501, Michigan State University, Department of Agricultural, Food, and Resource Economics.
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