Legvalue project publishes report correlating grain legume prices with the price of feed , fertiliser and meat
Project partner FACHHOCHSCHULE SÜDWESTFALEN has published a new report. The full report can be found on this web site on the Publications section.
In summary it finds that the undervaluation of domestic-grown legumes in official price reporting is an obstacle to market development in Germany and possibly in Europe. Asymmetric market information between actors and uncertain price expectations are major hindrances. Farm internal use can be an alternative for external marketing but cannot be decoupled from general market developments due to substitution effects. Identifying possible price indicators for legumes remains one of the most important objectives to better understand price setting and to foster price setting transparency as a basis for market development. The study continues.
Authors: Bruno Kezeya Sepngang, Wolfgang Stauss, Ina Stute, Marcus Mergenthaler
Institute: FACHHOCHSCHULE SÜDWESTFALEN