The International Food and Agribusiness Management Review is published quarterly by IFAMA. www.ifama.org

Environmental conditions significantly influence agricultural production, i.e. they are one of the main factors that affect its efficiency. Continuous monitoring of economic results makes it possible to identify the basic elements of revenues and expenditures in production of major agricultural...

The aim of this paper is to provide the basic theoretical assumptions about the weather derivatives and to quantify the risk reducing effect of rainfall put-options by applying a stochastic simulation. For this simulation we analyzed the yield data obtained from the maize producing farm located...

The farm-level economics of conservation agriculture (zero tillage, mulching and crop rotation)are described, reviewed and modelled. The economics are defined broadly to include not just shortterm financial benefits and costs, but also the whole-farm management context, constraints on key...

Substitution of petroleum fuels with biofuels such as ethanol and biodiesel has been shown to reduce greenhouse gas (GHG) emissions. These GHG reductions can be traded in the emerging carbon markets, and methodologies for quantifying and trading are still being developed. The main challenges in...

Striga hermonthica (del) Benth is threatening rural livelihoods in western Kenya where maize is the major food and cash crop. Vulnerability analysis was conducted on a sample of 802 households in eight districts of Nyanza and Western provinces. Farmers perceived Striga as the major cause of...

There is widespread consensus that agricultural technology has an important role to play for poverty reduction and sustainable development. There is less consensus, however, about the types of technologies that are best suited for smallholder farmers in Africa. While some consider natural...

In Kenya, trade policy reforms in the cereals sector were initiated as a key componentof the economy-wide structural adjustment programmes (SAPs) during the mid 1980s.The SAPs were later strengthened and made irreversible by Kenya’s commitments atthe multilateral trade negotiations. However,...

Deficiencies of micronutrients such as vitamin A are widespread, expecially in Africa.Biofortified crops such as maize, bred for high levels of provitamin A might offer a solution, butthese crops are often bright orange, and African maize consumers prefer white. To estimate theconsumers interest...

Paper accepted for presentation at the 27th Conference of the International Association of Agricultural Economists (IAAE), Beijing China, August 16-22, 2009, (Ref 690)