PICS or poly sack: Traders’ willingness to invest in storage protection technologies

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dc.contributor.authorMartey, E.
dc.contributor.authorEtwire, P.M.
dc.contributor.authorSuraj, M.M.
dc.contributor.authorGoldsmith, P.
dc.date.accessioned2023-08-24T17:42:14Z
dc.date.available2023-08-24T17:42:14Z
dc.date.issued2023
dc.descriptionResearch Articleen_US
dc.description.abstractThis study applies a simple financial model to compare the profitability of selected grain storage protection technologies (PICS and Poly sacks) in Ghana. To address the objectives, market survey data of soybean traders who represent a section of the soybean supply chain was used. Per the model, the price seasonality for profitable soybean storage was estimated by accounting for costs related to storage (protectants, maintenance, supervision, and labor), the opportunity cost of capital, and storage technologies (PICS and Poly sacks). Results indicated that the profitability associated with poly sacks was higher than the PICS bags over the entire support of seasonal harvest prices and consistent across the different trader types. Secondly, less than 20% of the traders were willing to invest in storage protection technologies since the value of their storage losses is higher than the value of the investment cost.en_US
dc.identifier.otherhttps://doi.org/10.1016/j.jafr.2023.100691
dc.identifier.urihttp://ugspace.ug.edu.gh:8080/handle/123456789/39828
dc.language.isoenen_US
dc.publisherJournal of Agriculture and Food Researchen_US
dc.subjectStorage protection technologiesen_US
dc.subjectStorage investmenten_US
dc.subjectPrice seasonalityen_US
dc.titlePICS or poly sack: Traders’ willingness to invest in storage protection technologiesen_US
dc.typeArticleen_US

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