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Analysis of Food Commodity Prices in Mozambique before and after the 2007/08 International Food Price Crisis

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  • Mather, David
  • Zavale, Hélder
  • Cunguara, Benedito
  • Tschirley, David

Abstract

Large increases in international cereal prices during the international food price crisis of 2007/08 contributed to dramatic cereal price increases in many developing countries that regularly import grains. Previous research using descriptive analysis has noted that food commodity prices in Mozambique appear to be higher on average since 2008 (Cunguara et al 2012), even though international grain prices began to fall in 2009. In this paper, we use a combination of graphical and time series econometric analysis of monthly retail market price data from Mozambique for a number of food commodities to investigate: (a) the extent to which food commodity prices have risen in Mozambique post-2008; and (b) whether increases in international cereal prices and/or changes in domestic factors appear to explain increases in domestic food commodity prices post-2008. We have four main findings from this analysis.

Suggested Citation

  • Mather, David & Zavale, Hélder & Cunguara, Benedito & Tschirley, David, 2016. "Analysis of Food Commodity Prices in Mozambique before and after the 2007/08 International Food Price Crisis," Miscellaneous Publications 251854, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midamp:251854
    DOI: 10.22004/ag.econ.251854
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    References listed on IDEAS

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    1. Nicole M. Mason & Robert J. Myers, 2013. "The effects of the Food Reserve Agency on maize market prices in Zambia," Agricultural Economics, International Association of Agricultural Economists, vol. 44(2), pages 203-216, March.
    2. Cunguara, Benedito & Mather, David & Walker, Tom & Mouzinho, Bordalo & Massingue, Jaquelino & Uaiene, Rafael, 2016. "Exploiting the potential for expanding cropped area using animal traction in the smallholder sector in Mozambique," Miscellaneous Publications 249697, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    3. Myers, Robert J. & Piggott, Roley R. & Tomek, William G., 1990. "Estimating Sources Of Fluctuations In The Australian Wool Market: An Application Of Var Methods," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 34(3), pages 1-21, December.
    4. Mather, David & Cunguara, Benedito & Tschirley, David, 2015. "Smallholder Cropping and Input Responses to Changes in Expected Prices and Market Access in Central and Northern Mozambique, 2008‐2011," Food Security Collaborative Working Papers 245913, Michigan State University, Department of Agricultural, Food, and Resource Economics.
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    Cited by:

    1. Rui Benfica & Duncan Boughton & Rafael Uaiene & Bordalo Mouzinho, 2017. "Food crop marketing and agricultural productivity in a high price environment: evidence and implications for Mozambique," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 9(6), pages 1405-1418, December.

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