Price volatility across scales and farmer maneuvering in Lao cassava markets
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Title |
Price volatility across scales and farmer maneuvering in Lao cassava markets
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Creator |
Nguyen, Anh-Thu
van Huellen, Sophie Newby, Jonathan Craig |
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Subject |
crop production
smallholders price formation price policies marketing policies-commercial policies |
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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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Date |
2023-10-09
2023-10-25T14:47:31Z 2023-10-25T14:47:31Z |
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Type |
Journal Article
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Identifier |
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
1747-423X https://hdl.handle.net/10568/132436 https://doi.org/10.1080/1747423x.2023.2264874 |
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Language |
en
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Rights |
CC-BY-NC-4.0
Open Access |
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Format |
374-394
application/pdf |
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Publisher |
Taylor & Francis
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Source |
Journal of Land Use Science
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