Cover_Rebuilding West Africas Food Potential

494 Rebuilding West Africa’s food potential

of “dry cereals” (i.e. maize, sorghum and millet) has improved in local and regional markets^6 in Mali

following liberalization. Demand from neighbouring countries and processing units have scaled up in

both countries (Diakité, 2006).

Figure 4. Average monthly real sorghum prices FCFA/Kg, 1993-2007 (Base: 2000)

Source: RURALSTRUC Mali (2008) from OMA database and GDP deflator

Figure 5. Empirical relationship between producer and consumer monthly sorghum prices, in current FCFA/

Kg value, 1993-2007

Source: RURALSTRUC Mali (2008) from OMA database

(^6) Diakité, L. 2006, p.136 : « Following devaluation, the observation is that producers earn positive margins despite
increase transport costs. This was made possible thanks to the competitive gains of national cereal products». See
also Kébé et al. 2005.

0

20

40

60

80

100

120

140

160

180

1993 1994 1995 1996 1997 1998 2000 2001 2002 2003 2004 2005 2006 2007

est.

FCFA/Kg

Producer price Consumer price

Linear producer price Linear consumer price

Producer prices in Kouala

(FCFA/Kg)

Consumer prices in Bamako

(FCFA/Kg)

0 50 100 150 200 250 300

0

20

40

60

80

100

120

140

160

180

200

Y= 0,7226x-17,478

R^2 = 0,8903