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Article
Publication date: 14 May 2019

Charles B. Moss and Andrew Schmitz

The purpose of this paper is to examine investments in selected Feed the Future countries in Africa.

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Abstract

Purpose

The purpose of this paper is to examine investments in selected Feed the Future countries in Africa.

Design/methodology/approach

The authors examine three investments in Feed the Future countries (e.g. Rwanda and Uganda) in the context of non-traded goods, exports and imports. These investments include research and development in Ugandan cassava production, a value chain intervention in the coffee market channel in Rwanda and a program to increase the use of fertilizer for maize production in Rwanda. The authors also stress the importance of distributional impacts in terms of policymaking.

Findings

The results show that while there can be net gains from each investment discussed, the distributional effects of each are very different.

Originality/value

The findings will be useful for the development community and agribusiness policymaking.

Details

Journal of Agribusiness in Developing and Emerging Economies, vol. 9 no. 1
Type: Research Article
ISSN: 2044-0839

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Book part
Publication date: 12 January 2016

Andrew Schmitz and P. Lynn Kennedy

We discuss food security within the context of welfare economics. We review models of commodity price stabilization brought about by government storage, and/or the private sector…

Abstract

Purpose

We discuss food security within the context of welfare economics. We review models of commodity price stabilization brought about by government storage, and/or the private sector. We use data on the stocks of major commodities to discuss the implications of storage models on food security.

Methodology/approach

The impact of storage on food security is discussed within the context of welfare economics.

Findings

Storage is not necessarily a solution to solving long-term world food problems. Also, at times in history, countries such as the United States have accumulated large stocks of commodities such as wheat, which turned out to be a costly policy.

Social implications

While food insecurity is a major issue worldwide, the solution does not entirely lie in governments being heavily involved in managing and owning food stocks. The private sector manages stocks as a part of commercial transactions. The government’s role is to provide food from stockholdings in times of emergency situations.

Details

Food Security in a Food Abundant World
Type: Book
ISBN: 978-1-78560-215-3

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Book part
Publication date: 15 July 2017

Andrew Schmitz, P. Lynn Kennedy and Michael Salassi

In this chapter the development of new sugarcane varieties in Florida and Louisiana is examined, along with the accompanying advancement in mechanization technology through the…

Abstract

In this chapter the development of new sugarcane varieties in Florida and Louisiana is examined, along with the accompanying advancement in mechanization technology through the widespread adoption of sugarcane harvesters. An econometric analysis is carried out to determine the impact of the price of raw sugar on raw-sugar yields in Louisiana and Florida. This study found that in the case of Louisiana, the 3-year lagged US raw-sugar price had a positive and significant impact on sugar yields. The change in raw-sugar prices did not have a significant impact on sugar yields for the Florida industry. Sugar production has increased over time, in part, due to the development of new sugarcane varieties accompanied by modern sugarcane harvesters. Given the relationship between price and yield, particularly in Louisiana, policy makers and producers must be mindful of the potential impact of policy-induced research and development (R&D) on the competitiveness of their industry.

Details

World Agricultural Resources and Food Security
Type: Book
ISBN: 978-1-78714-515-3

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Book part
Publication date: 16 December 2015

Abstract

Details

Food Security in an Uncertain World
Type: Book
ISBN: 978-1-78560-213-9

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Book part
Publication date: 12 January 2016

Abstract

Details

Food Security in a Food Abundant World
Type: Book
ISBN: 978-1-78560-215-3

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Book part
Publication date: 16 October 2007

Andrew Schmitz, Frederick Rossi and Troy G. Schmitz

Following the World Trade Organization (WTO) ruling favoring Brazil over U.S. cotton growers, the debate continues over the impact of U.S. farm policy. For U.S. cotton policy, the…

Abstract

Following the World Trade Organization (WTO) ruling favoring Brazil over U.S. cotton growers, the debate continues over the impact of U.S. farm policy. For U.S. cotton policy, the price impact depends on several factors, including the extent to which it is decoupled from production. The impact on world cotton prices under decoupling (the loan rate is used in supply response analysis) is much less than under coupling (the target price is used in producer production decisions). Also, the welfare impacts are very different. Using cotton as an example, the welfare cost of U.S. cotton policy is much less under a decoupled program.

Details

Research in Law and Economics
Type: Book
ISBN: 978-1-84950-455-3

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Book part
Publication date: 15 July 2017

P. Lynn Kennedy, Karen E. Lewis and Andrew Schmitz

While genetically modified (GM) crops have provided tremendous agricultural productivity gains, many consumers oppose GM products and maintain they are unsafe. We use the case of…

Abstract

While genetically modified (GM) crops have provided tremendous agricultural productivity gains, many consumers oppose GM products and maintain they are unsafe. We use the case of GM sugar beets and their adoption by the US producers to examine the implications of GM technology on food security. A partial equilibrium framework is used to examine the implications of GM technology on food security. This analysis provides a unique opportunity to examine the impact of GM adoption in one product (sugar beets) relative to non-GM adoption in a substitute product (sugarcane). This analysis examines the potential gains to food security through the adoption of biotechnology versus consumer fear of GM technology. Research and development (R&D) has potential implications not only through its impact on supply, but also on demand as well. This study shows that demand impacts can negate the supply-induced food security gains of R&D. Regulations such as mandatory labeling requirements can impact this outcome.

Details

World Agricultural Resources and Food Security
Type: Book
ISBN: 978-1-78714-515-3

Keywords

Available. Content available
Book part
Publication date: 15 July 2017

Abstract

Details

World Agricultural Resources and Food Security
Type: Book
ISBN: 978-1-78714-515-3

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Book part
Publication date: 16 December 2015

Andrew Schmitz and P. Lynn Kennedy

The purpose of this analysis is to determine the impact of various factors, including population growth, income growth, and research and development on food security. This chapter…

Abstract

Purpose

The purpose of this analysis is to determine the impact of various factors, including population growth, income growth, and research and development on food security. This chapter also seeks to better understand the role of relative food prices in consumers’ selection of foods to meet their nutritional needs.

Methodology/approach

We utilize a welfare economic framework to provide a theoretical examination of the impact of various factors (including income growth, population growth, and research and development) on food security among the poor. A minimum nutritional diet is specified as a baseline for the evaluation of these scenarios.

Findings

Scenarios show the impacts that income, population growth, and research and development have on food security through their price and quantity impacts. Also, we highlight the difficulty in formulating an optimal diet that meets the recommended dietary requirements for only calories and protein, as different foods contain calories, proteins, and micronutrients in differing proportions. This indicates that changes in relative food prices will often alter consumers’ nutrient intake with respect to the minimum nutritional diet.

Social implications

Research and development is critical in guaranteeing food availability. Trade-based, production-based, and own-labor entitlements are key factors in determining food security. Consumption subsidies and income supplements can be used to assist those who do not have entitlements sufficient to meet their minimum nutritional diet.

Details

Food Security in an Uncertain World
Type: Book
ISBN: 978-1-78560-213-9

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Book part
Publication date: 30 June 2004

Andrew Schmitz and Hartley Furtan

The U.S. 2002 Farm Bill provides sizeable direct and indirect subsidies to U.S. farmers, which has created increased competition in markets where the United States and Canada…

Abstract

The U.S. 2002 Farm Bill provides sizeable direct and indirect subsidies to U.S. farmers, which has created increased competition in markets where the United States and Canada compete. Target prices were reintroduced and the overall level of U.S. Government support was increased. Canadian farmers will find it more difficult to compete in grains, oilseeds, and pulses. Government support in Canada for these crops is significantly below U.S. support. Canada and the United States have a significant two-way trade in agricultural products, including beef and pork. The outbreak of Mad Cow Disease in Canada in 2003 clearly illustrates the need for cooperation between the two countries.

Details

North American Economic and Financial Integration
Type: Book
ISBN: 978-0-76231-094-4

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