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Price Discovery and Price Risk Management Before and After Deregulation of the South African Maize Industry

Alexander Behar ()

No 263, Working Papers from Economic Research Southern Africa

Abstract: The withdrawal of the Maize Board in 1996 meant that farmers could no longer rely on its pre-planting price or “voorskot†for price discovery and price risk management. Some have claimed (UNCTAD, 2007) that the South African Futures Exchange (SAFEX) can provide these functions. We test this claim and analyse the implications of it. To […]

JEL-codes: C33 Q11 Q13 Q18 (search for similar items in EconPapers)
Date: 2011-12-01
New Economics Papers: this item is included in nep-afr, nep-agr and nep-reg
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