Farmers do not lack the #business judgment to know when to sell; rather, they grapple with limited access to finance, inadequate storage, limited bargaining power, and #policy uncertainty.
They deserve both better #prices and the financial #freedom to decide when to sell.
#Food prices rise, yet many #farmers still sell at a loss.
The timing of sales determines profits. The harvest period is when supply is highest and prices are lowest.
Read Why Do Farmers Sell at a Loss? https://t.co/ptwOPbcBFx
Farmers sell because of #financial obligations, including loans, labor & transport costs, & household needs that must be met.
Later, when food stocks are depleted & prices are higher, they return to the market as buyers.
They 'sell low' in harvest and 'buy high' in lean periods
@WorldBankGroup@FAO@WFP Emergency imports may close an immediate shortage.
But lasting resilience also requires household purchasing power, affordable #farm finance and inputs, storage, functioning markets, and climate-risk protection.
Food policy must protect both those who eat and those who produce.
The @WorldBankGroup estimates that 52.8 million people may face acute food insecurity in West & Central Africa between June and August 2026.
Food crises are not only about how much food is available. They are also about whether households can afford it.
https://t.co/6aUcLyTav3
@WorldBankGroup@FAO and @WFP are also seeking early action to protect 8.8 million people across 22 high-risk countries as El Niño increases the likelihood of extreme droughts and floods
These warnings show why emergency food supplies alone are insufficient during crises
https://t.co/2CVpY936vI
A sound food policy should ask:
• Is nutritious food available?
• Can households afford and access it?
• Can farmers continue producing it?
A #foodsystem is considered secure only when all three answers are yes.
Food can be available in a country and still remain inaccessible to millions.
This is why increasing food supply is not automatically the same as improving #foodsecurity.
For instance, imports may increase market supply, but do they solve low household incomes, high transport costs, conflict, weak market access, or declining domestic production?
#Food availability is only one part of food security.
Nigeria’s food inflation reached 40.87% in June 2024, prompting temporary duty-free food imports. But can imports really ease a food-price crisis without weakening the domestic food supply?
Read my latest article here:
https://t.co/Tpr7NiEr9v
#FoodSecurity#FoodPolicy#Nigeria
#Agricultural#finance should not stop at planting. Farmers also need liquidity after harvest.
Without storage and short-term harvest financing, many must sell at low prices simply to repay debt and meet household needs. Both the design and timing of #credit models are important.
Lower food prices do not always mean a healthier food system. We should ask:
• Did farm-gate prices fall?
• Did input costs decline?
• Did local production rise?
• Did imports increase?
• Can farmers plant next season?
Consumer affordability should support producer viability
The Nigerian government's duty-free import waiver was designed to bring food prices down for consumers. But food prices fell because production incentives were destroyed and not that the food system became efficient.
#FoodSovereignty#agriculture#farmers
“The #government does not check its #policies. If this government has the capacity to import a finished #rice product at a subsidized price, why can’t they instead #import and subsidize #inputs to the barest minimum...?"- Farmer Bina
Read the conversation
https://t.co/GCGmb7ZtWz
@heirmexxy True...and that's majorly what they can control. Farmers' hope drives them to continue farming each season, hoping that the next season will be much better than the last... but alas! The challenge is whether hope can be effectively transferred to their children.
But no, unless we create a system that flood-proofs our farmers and the food they produce for our consumption, we might be forced to swim in the floods or dance in the rain, whichever one is preferable.
…and both options require a skill!
The life of the typical Nigerian #farmers is not challenge-free. It is as though they have become accustomed to challenges, shrugging it off as ‘normal’ life, due to the existing poor #Food system.