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The Future of Smallholder Farming in Eastern Africa - Uganda ...

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next season, gra<strong>in</strong> prices tend to be depressed. Stor<strong>in</strong>g gra<strong>in</strong>s might not be advisable,. S<strong>in</strong>ce<br />

prices may not get better even dur<strong>in</strong>g lean seasons. On the other hand, dur<strong>in</strong>g normal years,<br />

stor<strong>in</strong>g <strong>of</strong> gra<strong>in</strong>s until the third quarter might pay, if the risk <strong>of</strong> gra<strong>in</strong> loss is m<strong>in</strong>imized below<br />

market risks.<br />

teff 2001 teff 1999<br />

260<br />

350<br />

250<br />

300<br />

240<br />

250<br />

230<br />

200<br />

220<br />

150<br />

210<br />

100<br />

200<br />

50<br />

190<br />

january<br />

february<br />

march<br />

april<br />

may<br />

june<br />

july<br />

august<br />

september<br />

october<br />

november<br />

december<br />

0<br />

Figure 5a. Monthly average wholesale prices for teff (birr/100 kgs.), 1999 and 2001)<br />

wheat 1999 wheat 2001<br />

250<br />

140<br />

200<br />

120<br />

100<br />

150<br />

80<br />

100<br />

60<br />

40<br />

50<br />

20<br />

0<br />

january<br />

february<br />

march<br />

april<br />

may<br />

june<br />

july<br />

august<br />

september<br />

october<br />

november<br />

december<br />

0

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