The determinants of livestock prices in Niger

In the highly risky environment of the Sahel, livestock play an important role as a form of insurance against weather risk in addition to their important contributions to rural incomes, urban meat supply and export earnings. Most Sahelian farmers and pastoralists pursue production strategies that se...

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Detalles Bibliográficos
Autores principales: Fafchamps, M., Gavian, S.
Formato: Brief
Lenguaje:Inglés
Publicado: International Livestock Research Institute 1998
Materias:
Acceso en línea:https://hdl.handle.net/10568/49741
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author Fafchamps, M.
Gavian, S.
author_browse Fafchamps, M.
Gavian, S.
author_facet Fafchamps, M.
Gavian, S.
author_sort Fafchamps, M.
collection Repository of Agricultural Research Outputs (CGSpace)
description In the highly risky environment of the Sahel, livestock play an important role as a form of insurance against weather risk in addition to their important contributions to rural incomes, urban meat supply and export earnings. Most Sahelian farmers and pastoralists pursue production strategies that seek to minimise risk associated with adverse climatic conditions. To be effective, traditional strategies of this kind require livestock prices to be relatively stable. This condition has, however, rarely been met in the Sahel under severe crisis conditions like drought or economic disruption where food entitlement failures and collapses in livestock-grain terms of trade have occurred. An issue which has not received adequate attention in the analysis of drought prone livestock economies of the Sahel is that weather is probably not the only culprit for food entitlement failures. Macro-economic conditions and other factors affecting the livestock sector also play an important role through their effect on urban demand for meat, livestock prices, and thus the value of assets liquidated by farmers and pastoralists in hard times. Knowledge and understanding of livestock price developments and their determinants in a Sahelian context where traditional adjustments to weather risk over time and space coexist with rising urban demand for meat therefore provide a key input to early warning, market and trade policies. This paper discusses livestock price developments in Niger, the determinants of livestock prices and market integration. It shows that livestock prices in Niger, a representative Sahelian country, respond not only to weather stocks but also to shifts in the rural and urban demand for meat in the country and in neighbouring Nigeria. The basis for 15 animal categories collected monthly in 38 districts of Niger over a period of 21 years.
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spelling CGSpace497412025-11-04T14:10:51Z The determinants of livestock prices in Niger Fafchamps, M. Gavian, S. livestock prices rain seasonal variation In the highly risky environment of the Sahel, livestock play an important role as a form of insurance against weather risk in addition to their important contributions to rural incomes, urban meat supply and export earnings. Most Sahelian farmers and pastoralists pursue production strategies that seek to minimise risk associated with adverse climatic conditions. To be effective, traditional strategies of this kind require livestock prices to be relatively stable. This condition has, however, rarely been met in the Sahel under severe crisis conditions like drought or economic disruption where food entitlement failures and collapses in livestock-grain terms of trade have occurred. An issue which has not received adequate attention in the analysis of drought prone livestock economies of the Sahel is that weather is probably not the only culprit for food entitlement failures. Macro-economic conditions and other factors affecting the livestock sector also play an important role through their effect on urban demand for meat, livestock prices, and thus the value of assets liquidated by farmers and pastoralists in hard times. Knowledge and understanding of livestock price developments and their determinants in a Sahelian context where traditional adjustments to weather risk over time and space coexist with rising urban demand for meat therefore provide a key input to early warning, market and trade policies. This paper discusses livestock price developments in Niger, the determinants of livestock prices and market integration. It shows that livestock prices in Niger, a representative Sahelian country, respond not only to weather stocks but also to shifts in the rural and urban demand for meat in the country and in neighbouring Nigeria. The basis for 15 animal categories collected monthly in 38 districts of Niger over a period of 21 years. 1998 2014-10-31T06:08:19Z 2014-10-31T06:08:19Z Brief https://hdl.handle.net/10568/49741 en Open Access application/pdf International Livestock Research Institute
spellingShingle livestock
prices
rain
seasonal variation
Fafchamps, M.
Gavian, S.
The determinants of livestock prices in Niger
title The determinants of livestock prices in Niger
title_full The determinants of livestock prices in Niger
title_fullStr The determinants of livestock prices in Niger
title_full_unstemmed The determinants of livestock prices in Niger
title_short The determinants of livestock prices in Niger
title_sort determinants of livestock prices in niger
topic livestock
prices
rain
seasonal variation
url https://hdl.handle.net/10568/49741
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