Acreage response before and after the deregulation of the South African maize industry : the role of SAFEX in price discovery and price risk managment

The withdwal of the Maize Board in 1996 meant that farmers could no longer rely on their pre-planting price or "voorskat" 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 impliacation of it.

Grantor dc:publisher.institution

School of Economics

Year dc:date.issued

2010

Author dc:creator

• Behar, Alexander

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/11427/13425

OAI identifier oai:identifier

oai:open.uct.ac.za:11427/13425