Abstract:
In first decade of 21 st century reforms in agricultural markets were introduced in several developing countries of the world including improvement in tangible infrastructure as well as non-tangible reforms like farmer trainings, establishment of Agriculture Marketing System etc. The need for establishment and improvement of current Agriculture Market Information system (AMIS) for collection and dissemination was severely felt in 2007-08 after food crisis. This paper aims to review and evaluate the literature available on AMIS published from 1995 to 2018 showing the utility of market information and its impact on different stakeholders especially in developing countries. The use of AMIS, its components, working, economic utility of information for its different stakeholders like growers, policy makers and market functionaries and the challenges like cost involved, validity of data, accuracy and problems in its disseminations are reflected in this article. Review of literature findings showed that AMIS is useful tool to enhance the capacity of stakeholders for appropriate planning and timely decision making. Growers get assistance from AMIS in enhancing their bargaining power and improving market opportunities through timely availability of reliable market information while traders/ market functionaries benefit by knowing latest prices of agriculture commodities and availability trends for sale and purchase of produce. By improving the quality of collected data, its meaningful interpretation, timely dissemination and proper understanding and execution policy makers can increase the benefits for all the stakeholders of value chain.
Page(s):
281-287
DOI:
DOI not available
Published:
Journal: Journal of Agricultural Research, Volume: 57, Issue: 4, Year: 2019
Keywords:
Pakistan
,
price collection
,
marketing information
,
traders
,
Agriculture
,
dissemination