Farm input subsidies and commodity market trends in Ghana: An analysis of market prices during 2012–2020
Ghana has a long history of intervening in food markets to balance consumers’ expectations of low and stable food prices, farmers’ demands for high farmgate prices, and traders’ demand for predictability in seasonal price patterns. However, government interventions may also alter the behavior of mar...
| Main Authors: | , , |
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| Format: | Artículo preliminar |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2021
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/143350 |
| _version_ | 1855518534281461760 |
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| author | Amewu, Sena Arhin, Eunice Pauw, Karl |
| author_browse | Amewu, Sena Arhin, Eunice Pauw, Karl |
| author_facet | Amewu, Sena Arhin, Eunice Pauw, Karl |
| author_sort | Amewu, Sena |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Ghana has a long history of intervening in food markets to balance consumers’ expectations of low and stable food prices, farmers’ demands for high farmgate prices, and traders’ demand for predictability in seasonal price patterns. However, government interventions may also alter the behavior of markets and alter incentives or risks for all market actors. The Planting for Food and Jobs (PFJ) initiative, launched in 2017, signaled a renewed commitment from government to agriculture and is Ghana’s flagship strategy for boosting smallholder production, strengthening market linkages, and developing value chains. Given this significant shift, we examine agricultural commodity price patterns before and after 2017 to identify potential structural shifts in price behavior in maize, tomato, and onion markets, three key sectors targeted by PFJ. Results show maize and tomato prices drop below their long-term trend under PFJ, but not onion prices. Tomato and onion prices exhibit smaller seasonal price variations. These results are indicative of a structural shift in food markets, although further analysis is required to conclusively attribute these changes to PFJ. |
| format | Artículo preliminar |
| id | CGSpace143350 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2021 |
| publishDateRange | 2021 |
| publishDateSort | 2021 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1433502025-11-06T05:34:20Z Farm input subsidies and commodity market trends in Ghana: An analysis of market prices during 2012–2020 Amewu, Sena Arhin, Eunice Pauw, Karl value chains onions market prices agricultural products maize farm inputs tomatoes subsidies food prices Ghana has a long history of intervening in food markets to balance consumers’ expectations of low and stable food prices, farmers’ demands for high farmgate prices, and traders’ demand for predictability in seasonal price patterns. However, government interventions may also alter the behavior of markets and alter incentives or risks for all market actors. The Planting for Food and Jobs (PFJ) initiative, launched in 2017, signaled a renewed commitment from government to agriculture and is Ghana’s flagship strategy for boosting smallholder production, strengthening market linkages, and developing value chains. Given this significant shift, we examine agricultural commodity price patterns before and after 2017 to identify potential structural shifts in price behavior in maize, tomato, and onion markets, three key sectors targeted by PFJ. Results show maize and tomato prices drop below their long-term trend under PFJ, but not onion prices. Tomato and onion prices exhibit smaller seasonal price variations. These results are indicative of a structural shift in food markets, although further analysis is required to conclusively attribute these changes to PFJ. 2021-12-17 2024-05-22T12:13:33Z 2024-05-22T12:13:33Z Working Paper https://hdl.handle.net/10568/143350 en Open Access application/pdf International Food Policy Research Institute Amewu, Sena; Arhin, Eunice; and Pauw, Karl. 2021. Farm input subsidies and commodity market trends in Ghana: An analysis of market prices during 2012–2020. GSSP Working Paper 60. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.134875. |
| spellingShingle | value chains onions market prices agricultural products maize farm inputs tomatoes subsidies food prices Amewu, Sena Arhin, Eunice Pauw, Karl Farm input subsidies and commodity market trends in Ghana: An analysis of market prices during 2012–2020 |
| title | Farm input subsidies and commodity market trends in Ghana: An analysis of market prices during 2012–2020 |
| title_full | Farm input subsidies and commodity market trends in Ghana: An analysis of market prices during 2012–2020 |
| title_fullStr | Farm input subsidies and commodity market trends in Ghana: An analysis of market prices during 2012–2020 |
| title_full_unstemmed | Farm input subsidies and commodity market trends in Ghana: An analysis of market prices during 2012–2020 |
| title_short | Farm input subsidies and commodity market trends in Ghana: An analysis of market prices during 2012–2020 |
| title_sort | farm input subsidies and commodity market trends in ghana an analysis of market prices during 2012 2020 |
| topic | value chains onions market prices agricultural products maize farm inputs tomatoes subsidies food prices |
| url | https://hdl.handle.net/10568/143350 |
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