Credit constraints prevent farmers from arbitraging seasonal price fluctuations; integrated financial solutions can enable grain storage, channel returns into forward-looking investments, and smooth seasonal prices, yielding benefits for the broader community.
Article
Post-harvest loans can stop farmers selling low and buying high
Sanghamitra Warrier Mukherjee, Lauren Falcao Bergquist, Marshall Burke, Edward Miguel,
VoxDev
Sell Low and Buy High: Arbitrage and Local Price Effects in Kenyan MarketsPublished PaperAfrican DevelopmentEnvironment and Climate2019