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Abstract This paper investigates the competitiveness of small and medium-scale maize milling enterprises in South Africa from estimates of a translog stochastic cost frontier model. Results suggest that small and medium-scale maize mills in South Africa are cost-inefficient, operating at 59...
Persistent link: https://www.econbiz.de/10010880156
Despite the reported large margins between producer prices for maize and retail prices for maize meal and the fact that maize meal is a staple food for most of the South African population, there have been only limited investments in small- and medium-scale maize milling in South Africa since...
Persistent link: https://www.econbiz.de/10009222727
Agricultural crop production in Nigeria is mostly rain fed. Therefore any change in climatic factors such as changes in rainfall could alter crop yield. On the other hand prices of agricultural commodities give signals to producers over the type and quantity of commodity to produce. This study...
Persistent link: https://www.econbiz.de/10011250428