Advocating for the establishment of the maize grain marketing board and futures market in Malawi as multifaceted approach to achieve several sustainable development goals by 2030

Brian Phiri Kampanje

MPRA Paper from University Library of Munich, Germany

Abstract: Maize is equated to life in Malawi and has substantial influence on the policy rate determined by the monetary authorities. The results of this study show that the price of maize has significantly gone up from US$0.26 in 2021 to US$0.74/kg in Malawi while annualised minimum wage has been decreasing from US$591.28 in 2021 to US$365.40 forcing more Malawians to spend more portion of their depressed earnings in buying expensive maize leading to dwindling living standards. The actual perennial maize deficit in Malawi is much higher than reported when postharvest losses, animal feed, industrial usage and informal crossborder trading are factored. Maize must be treated as a special crop and establish a formal market through establishment of a maize grain marketing board and enforce formal trading through maize futures to control quantity volatility and enhance price discovery.

Keywords: Maize; Marketing; Board; SDGs; Malawi (search for similar items in EconPapers)
JEL-codes: L11 L53 Q11 Q18 (search for similar items in EconPapers)
Date: 2025-04-01
New Economics Papers: this item is included in nep-env
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Published in INTL Sustainability Journal, ISSN: 3079-0263 1.3(2025): pp. 46-73

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