How consumers use their buying patterns to signal priorities

As buying patterns signify ordinary people’s priorities, developing countries should invest more in finding pockets of opportunity from micro-markets than pursuing mega deals. In most African countries, much of the overlooked growth is within open food markets from which the majority get food and income. An outside observer may see open markets as chaotic economic Read more about How consumers use their buying patterns to signal priorities[…]

Who really sets prices in the open market?

No matter how many times this question is answered, it continues to be asked again and again.  One of the reasons is that the answer may be correct but unbelievable. As in all other markets, rules of supply and demand influence pricing of agricultural commodities in open markets that are powerful ecosystems in developing countries.  Read more about Who really sets prices in the open market?[…]

How capital determines the structure of agriculture and food systems in Africa

How capital determines the structure of agriculture and food systems in Africa Although finance will not solve all challenges facing developing countries, the structure of African agriculture is largely shaped by the way capital flows into this fundamental sector. In Zimbabwe, for instance, more than 55% of the entire capital devoted to agriculture goes to Read more about How capital determines the structure of agriculture and food systems in Africa[…]

Small consistent incomes are better than random high yields

Rural households that receive regular small incomes tend to have a better standard of living than those earning a once-off payment from a single commodity like cotton, cocoa or tobacco. Levels of malnutrition and poverty are often higher among communities that depend on high yielding monocrops than those surviving on diverse agricultural and non-agricultural activities. Read more about Small consistent incomes are better than random high yields[…]