Many maize farmers in sub-Saharan Africa sell their crop at harvest, often because they need funds to pay expenses. Development agencies often support or sponsor harvest-time loans that encourage farmers to store some of their grain for later sale, on an assumption that its market value will increase in months to come. But that’s not a sure bet, as a new University of Illinois study reveals. The work is published in the American Journal of Agricultural Economics.
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Source: Phys.org