Price volatility across scales and farmer maneuvering in Lao cassava markets

Lao PDR is undergoing a rapid agrarian transformation, underpinned by a growing commercial production of commodity crops such as cassava by smallholder farmers. The global nature of commodity crop markets increases the exposure of potentially vulnerable smallholder farmers to global price dynamics....

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Autores principales: Nguyen, Anh-Thu, Huellen, Sophie van, Newby, Jonathan Craig
Formato: Journal Article
Lenguaje:Inglés
Publicado: Informa UK Limited 2023
Materias:
Acceso en línea:https://hdl.handle.net/10568/132436
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author Nguyen, Anh-Thu
Huellen, Sophie van
Newby, Jonathan Craig
author_browse Huellen, Sophie van
Newby, Jonathan Craig
Nguyen, Anh-Thu
author_facet Nguyen, Anh-Thu
Huellen, Sophie van
Newby, Jonathan Craig
author_sort Nguyen, Anh-Thu
collection Repository of Agricultural Research Outputs (CGSpace)
description Lao PDR is undergoing a rapid agrarian transformation, underpinned by a growing commercial production of commodity crops such as cassava by smallholder farmers. The global nature of commodity crop markets increases the exposure of potentially vulnerable smallholder farmers to global price dynamics. We apply a cross-scalar and mixed-methods approach to investigate the role of institutional structures and the global-regional-domestic context in local price formation mechanisms at the farm gate. We focus our analysis on policy shocks created by the Chinese government’s temporary purchase and storage policy (TSPS) for maize, and the experience and price risk mitigation strategies of smallholder cassava farmers in Lao PDR during this period. We find that the price level and volatility experienced by farmers are shaped by local-level market structures as much as global price dynamics and regional trade integration, demonstrating the importance of institutions across scales in price formation and transmission.
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language Inglés
publishDate 2023
publishDateRange 2023
publishDateSort 2023
publisher Informa UK Limited
publisherStr Informa UK Limited
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spelling CGSpace1324362025-11-11T17:45:14Z Price volatility across scales and farmer maneuvering in Lao cassava markets Nguyen, Anh-Thu Huellen, Sophie van Newby, Jonathan Craig crop production smallholders price formation price policies marketing policies-commercial policies Lao PDR is undergoing a rapid agrarian transformation, underpinned by a growing commercial production of commodity crops such as cassava by smallholder farmers. The global nature of commodity crop markets increases the exposure of potentially vulnerable smallholder farmers to global price dynamics. We apply a cross-scalar and mixed-methods approach to investigate the role of institutional structures and the global-regional-domestic context in local price formation mechanisms at the farm gate. We focus our analysis on policy shocks created by the Chinese government’s temporary purchase and storage policy (TSPS) for maize, and the experience and price risk mitigation strategies of smallholder cassava farmers in Lao PDR during this period. We find that the price level and volatility experienced by farmers are shaped by local-level market structures as much as global price dynamics and regional trade integration, demonstrating the importance of institutions across scales in price formation and transmission. 2023-12-31 2023-10-25T14:47:31Z 2023-10-25T14:47:31Z Journal Article https://hdl.handle.net/10568/132436 en Open Access application/pdf Informa UK Limited Nguyen, A.; van Huellen, S.; Newby, J.C. (2023) Price volatility across scales and farmer maneuvering in Lao cassava markets. Journal of Land Use Science 18(1): p. 374-394. ISSN: 1747-423X
spellingShingle crop production
smallholders
price formation
price policies
marketing policies-commercial policies
Nguyen, Anh-Thu
Huellen, Sophie van
Newby, Jonathan Craig
Price volatility across scales and farmer maneuvering in Lao cassava markets
title Price volatility across scales and farmer maneuvering in Lao cassava markets
title_full Price volatility across scales and farmer maneuvering in Lao cassava markets
title_fullStr Price volatility across scales and farmer maneuvering in Lao cassava markets
title_full_unstemmed Price volatility across scales and farmer maneuvering in Lao cassava markets
title_short Price volatility across scales and farmer maneuvering in Lao cassava markets
title_sort price volatility across scales and farmer maneuvering in lao cassava markets
topic crop production
smallholders
price formation
price policies
marketing policies-commercial policies
url https://hdl.handle.net/10568/132436
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AT huellensophievan pricevolatilityacrossscalesandfarmermaneuveringinlaocassavamarkets
AT newbyjonathancraig pricevolatilityacrossscalesandfarmermaneuveringinlaocassavamarkets