Synopsis: Agricultural prices during drought in Ethiopia

We analyze the evolution of crop and livestock producer prices and wages of unskilled laborers in Ethiopia over the January 2014 to January 2016 period, during which time the country was massively impacted by El Niño triggered droughts. The analyses reveal no evidence of widespread adverse price eff...

Full description

Bibliographic Details
Main Authors: Bachewe, Fantu Nisrane, Yimer, Feiruz, Minten, Bart, Dorosh, Paul A.
Format: Brief
Language:Inglés
Published: International Food Policy Research Institute 2016
Subjects:
Online Access:https://hdl.handle.net/10568/148332
_version_ 1855516082272468992
author Bachewe, Fantu Nisrane
Yimer, Feiruz
Minten, Bart
Dorosh, Paul A.
author_browse Bachewe, Fantu Nisrane
Dorosh, Paul A.
Minten, Bart
Yimer, Feiruz
author_facet Bachewe, Fantu Nisrane
Yimer, Feiruz
Minten, Bart
Dorosh, Paul A.
author_sort Bachewe, Fantu Nisrane
collection Repository of Agricultural Research Outputs (CGSpace)
description We analyze the evolution of crop and livestock producer prices and wages of unskilled laborers in Ethiopia over the January 2014 to January 2016 period, during which time the country was massively impacted by El Niño triggered droughts. The analyses reveal no evidence of widespread adverse price effects of the drought in the labor and cereal markets. Real prices of the major cereals were lower at the beginning of 2016 compared to two years earlier, especially for maize, sorghum, and wheat, the crops that make up the major source of calories in the areas that were most hit by the drought. Conversely, prices of root crops and pulses increased. Given the large importance attached to cereal consumption, the overall real food consumption basket price declined compared to two years earlier, the decline being lower in drought-affected areas. Considering crop and livestock prices jointly reveals that livestock-cereal terms of trade declined in the worst affected areas, contrasting considerably with improvements seem in areas less affected by the drought. This contrast is mainly due to livestock prices declining faster than cereal prices in such areas. The fluctuating behavior of cereal prices since January 2015 strikingly contrasts with the situation during the major drought of 1997/98. During that period, cereal production declined by 25 percent compared to the year before, with significant simultaneous real price increases of between 15 and 45 percent.
format Brief
id CGSpace148332
institution CGIAR Consortium
language Inglés
publishDate 2016
publishDateRange 2016
publishDateSort 2016
publisher International Food Policy Research Institute
publisherStr International Food Policy Research Institute
record_format dspace
spelling CGSpace1483322025-11-06T05:18:56Z Synopsis: Agricultural prices during drought in Ethiopia Bachewe, Fantu Nisrane Yimer, Feiruz Minten, Bart Dorosh, Paul A. prices drought livestock crops wages labour commodities pulses tubers cereal crops el niño We analyze the evolution of crop and livestock producer prices and wages of unskilled laborers in Ethiopia over the January 2014 to January 2016 period, during which time the country was massively impacted by El Niño triggered droughts. The analyses reveal no evidence of widespread adverse price effects of the drought in the labor and cereal markets. Real prices of the major cereals were lower at the beginning of 2016 compared to two years earlier, especially for maize, sorghum, and wheat, the crops that make up the major source of calories in the areas that were most hit by the drought. Conversely, prices of root crops and pulses increased. Given the large importance attached to cereal consumption, the overall real food consumption basket price declined compared to two years earlier, the decline being lower in drought-affected areas. Considering crop and livestock prices jointly reveals that livestock-cereal terms of trade declined in the worst affected areas, contrasting considerably with improvements seem in areas less affected by the drought. This contrast is mainly due to livestock prices declining faster than cereal prices in such areas. The fluctuating behavior of cereal prices since January 2015 strikingly contrasts with the situation during the major drought of 1997/98. During that period, cereal production declined by 25 percent compared to the year before, with significant simultaneous real price increases of between 15 and 45 percent. 2016-06-24 2024-06-21T09:24:23Z 2024-06-21T09:24:23Z Brief https://hdl.handle.net/10568/148332 en https://hdl.handle.net/10568/146293 Open Access application/pdf International Food Policy Research Institute Ethiopian Development Research Institute Bachewe, Fantu Nisrane; Yimer, Feiruz; Minten, Bart; and Dorosh, Paul A. 2016. Synopsis: Agricultural prices during drought in Ethiopia. EESSP II Research Note 56. Washington, DC and Addis Ababa, Ethiopia: International Food Policy Research Institute (IFPRI) and Ethiopian Development Research Institute (EDRI). https://hdl.handle.net/10568/148332
spellingShingle prices
drought
livestock
crops
wages
labour
commodities
pulses
tubers
cereal crops
el niño
Bachewe, Fantu Nisrane
Yimer, Feiruz
Minten, Bart
Dorosh, Paul A.
Synopsis: Agricultural prices during drought in Ethiopia
title Synopsis: Agricultural prices during drought in Ethiopia
title_full Synopsis: Agricultural prices during drought in Ethiopia
title_fullStr Synopsis: Agricultural prices during drought in Ethiopia
title_full_unstemmed Synopsis: Agricultural prices during drought in Ethiopia
title_short Synopsis: Agricultural prices during drought in Ethiopia
title_sort synopsis agricultural prices during drought in ethiopia
topic prices
drought
livestock
crops
wages
labour
commodities
pulses
tubers
cereal crops
el niño
url https://hdl.handle.net/10568/148332
work_keys_str_mv AT bachewefantunisrane synopsisagriculturalpricesduringdroughtinethiopia
AT yimerfeiruz synopsisagriculturalpricesduringdroughtinethiopia
AT mintenbart synopsisagriculturalpricesduringdroughtinethiopia
AT doroshpaula synopsisagriculturalpricesduringdroughtinethiopia