Agricultural commodities typically show a strong seasonal pattern in production, with supplies which come off the farm during one or perhaps two distinct periods of the year having to meet relatively stable demand over the course of the entire year. This seasonal pattern in production can give...

When food prices shoot over import parity, this often leads to social and political unrest and even the toppling of governments. If markets behaved efficiently and in the absence of trade barriers, food prices should not exceed the price in world markets plus the cost of importing it to domestic...

From 1997-2007, the United States Agency for International Development (USAID) Title II monetization programs sold more than US$200 million of food aid wheat and unrefined vegetable oils in Mozambique. This research has three objectives: 1) to document the lessons learned from past monetization...

This paper investigates the determinants of participation and performance of tobacco contract farmers, and the effects of participation on overall crop and household incomes in the Zambezi Valley of Mozambique. We test the existence of threshold effects in land holdings and educational...

This paper traces the trajectories of successful commercial smallholders operating under differing sets of market institutions. Analysis focuses on maize, cotton, and horticulture, three widely marketed crops with strikingly different market institutions. Maize receives intensive government...

This paper presents an ex ante analysis of the private and social profitability of the introduction of Bt cotton for a major cotton producing area of northern Mozambique. Cotton is especially relevant to rural poverty reduction because smallholders often have few alternative cash earning...