Grain is an important marketable commodity that is hampered by risk of interrelated dimensions, particularly in borderlands of West Africa. Assessing the extent of risk in borderlands can be valuable for policy-makers and likely to contribute to increased regional trade through effective...

In August the Soviet government agreed to the second one-year extension of the US-USSR grain agreement, which has regulated grain trade between the two countries since 1976. Although a net exporter of grain for the best part of this century, the USSR has become increasingly dependent on imports...

This article discusses the advantages and disadvantages of grain reserves and grain banks. One important argument against establishing official reserves is that they are more likely to stiffen the barriers to food trade whereas a financial grain bank might be used to reduce those barriers. A...