Food prices, processing, and shocks: Evidence from rice and COVID-19
Rice is the staple food for about half of the world's population and mills are the essential processing link between farmers and consumers, making rice milling one of the most important agro-processing sectors globally. This paper assesses changes in rice and paddy prices, and processing margins dur...
| Autores principales: | , , , , , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Agricultural Economics Society
2022
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/141298 |
| _version_ | 1855531689370976256 |
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| author | Goeb, Joseph Zone, Phoo Pye Synt, Nang Lun Kham Zu, A Myint Tang, Yulu Minten, Bart |
| author_browse | Goeb, Joseph Minten, Bart Synt, Nang Lun Kham Tang, Yulu Zone, Phoo Pye Zu, A Myint |
| author_facet | Goeb, Joseph Zone, Phoo Pye Synt, Nang Lun Kham Zu, A Myint Tang, Yulu Minten, Bart |
| author_sort | Goeb, Joseph |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Rice is the staple food for about half of the world's population and mills are the essential processing link between farmers and consumers, making rice milling one of the most important agro-processing sectors globally. This paper assesses changes in rice and paddy prices, and processing margins during the COVID-19 pandemic shock through the lens of rice mills in Myanmar. Our data, collected through telephone surveys with a large number of medium- and large-scale rice millers in September 2020, reveal significant disruptions from the COVID-19 pandemic, including transportation restrictions, employee lay-offs, and reduced operations relative to normal times. However, milling margins, and paddy and rice prices were mostly stable, showing only minor increases compared to 2019. Rice prices increased most for the varieties linked to export markets, though the gains were mostly passed through to farmers as higher paddy prices. Similarly, higher rice prices achieved by modern mills—due to extra processing—were mostly transmitted to producers. Our results also highlight the major importance of byproducts—broken rice and rice bran—sales to overall milling margins as byproduct sales allowed mill operators to sustain negative paddy-to-rice margins. |
| format | Journal Article |
| id | CGSpace141298 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2022 |
| publishDateRange | 2022 |
| publishDateSort | 2022 |
| publisher | Agricultural Economics Society |
| publisherStr | Agricultural Economics Society |
| record_format | dspace |
| spelling | CGSpace1412982025-12-08T10:29:22Z Food prices, processing, and shocks: Evidence from rice and COVID-19 Goeb, Joseph Zone, Phoo Pye Synt, Nang Lun Kham Zu, A Myint Tang, Yulu Minten, Bart milling by-products shock covid-19 rice processing food prices supply chain disruptions prices Rice is the staple food for about half of the world's population and mills are the essential processing link between farmers and consumers, making rice milling one of the most important agro-processing sectors globally. This paper assesses changes in rice and paddy prices, and processing margins during the COVID-19 pandemic shock through the lens of rice mills in Myanmar. Our data, collected through telephone surveys with a large number of medium- and large-scale rice millers in September 2020, reveal significant disruptions from the COVID-19 pandemic, including transportation restrictions, employee lay-offs, and reduced operations relative to normal times. However, milling margins, and paddy and rice prices were mostly stable, showing only minor increases compared to 2019. Rice prices increased most for the varieties linked to export markets, though the gains were mostly passed through to farmers as higher paddy prices. Similarly, higher rice prices achieved by modern mills—due to extra processing—were mostly transmitted to producers. Our results also highlight the major importance of byproducts—broken rice and rice bran—sales to overall milling margins as byproduct sales allowed mill operators to sustain negative paddy-to-rice margins. 2022-06 2024-04-12T13:37:38Z 2024-04-12T13:37:38Z Journal Article https://hdl.handle.net/10568/141298 en Open Access Agricultural Economics Society Goeb, Joseph; Zone, Phoo Pye; Synt, Nang Lun Kham; Zu, A Myint; Tang, Yulu; and Minten, Bart. 2022. Food prices, processing, and shocks: Evidence from rice and COVID-19. Journal of Agricultural Economics 73(2): 338-355. https://doi.org/10.1111/1477-9552.12461 |
| spellingShingle | milling by-products shock covid-19 rice processing food prices supply chain disruptions prices Goeb, Joseph Zone, Phoo Pye Synt, Nang Lun Kham Zu, A Myint Tang, Yulu Minten, Bart Food prices, processing, and shocks: Evidence from rice and COVID-19 |
| title | Food prices, processing, and shocks: Evidence from rice and COVID-19 |
| title_full | Food prices, processing, and shocks: Evidence from rice and COVID-19 |
| title_fullStr | Food prices, processing, and shocks: Evidence from rice and COVID-19 |
| title_full_unstemmed | Food prices, processing, and shocks: Evidence from rice and COVID-19 |
| title_short | Food prices, processing, and shocks: Evidence from rice and COVID-19 |
| title_sort | food prices processing and shocks evidence from rice and covid 19 |
| topic | milling by-products shock covid-19 rice processing food prices supply chain disruptions prices |
| url | https://hdl.handle.net/10568/141298 |
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