Markets for Cotton By-Products : Global Trends and Implications for African Cotton Producers

This paper analyzes and compares the structure of cotton by-products industries in selected countries (Uganda, Tanzania, Benin, and Burkina Faso) in the context of the global vegetable oil market. It reaches several conclusions. First, because the markets for various edible oils are highly integrated with each other, examination of each oil market should be done in conjunction with all other (relevant) edible oil markets. Second, the recent surge in demand for commodities used as feedstocks for biofuels is unlikely to become a new source of growth for the cotton oil market. Third, within the context of deepening the on-going reform efforts in West and Central African countries, cotton by-products should be taken into consideration, both in terms of the cotton price setting mechanism and the size of the organization of the cotton by-products industry. Fourth, trade policies including export bans or import tariffs to protect the domestic crushing industries, and policies that favor crude over refined oils, should be rationalized. Fifth, large cottonseed processing operations using advanced technology, while efficient from a technological perspective, tend not to be economically profitable in the African context. Last, research efforts for new cotton varieties should consider the value of by-products, not just lint.

Bibliographic Details

Main Author:	Baffes, John
Language:	English
Published:	2010-06-01
Subjects:	AGRICULTURAL COMMODITIES, AGRICULTURAL PRICE, AGRICULTURAL PRICES, AGRICULTURAL PRODUCTION, AGRICULTURE, ANIMAL, ANIMAL FEED, ANIMAL FEEDING, ANIMALS, ANNUAL CROPS, APPROACH, AVAILABILITY, AVERAGE PRICES, BAKERIES, BALANCE, BEEF, BEEF CATTLE, BIOTECHNOLOGY, BREEDING, BUTTER, BY-PRODUCTS, CATTLE, CATTLE INDUSTRY, CEREAL PRICES, CEREALS, COCONUT, COMMODITY, COMMODITY PRICE, COMMODITY PRICES, COMMODITY SECTOR, CORN, CORN OIL, COTTON, COTTON CROP, COTTON PRICE, COTTON PRICES, COTTON PRODUCTION, COTTON SECTOR, COTTON SEED, COTTON SEEDS, COTTON YIELDS, COTTONSEED, COTTONSEED OIL, CROP, CRUDE FORM, DAIRY, DAIRY INDUSTRY, DATES, DOMESTIC MARKET, EDIBLE OILS, ELECTRICITY, ELECTRICITY SUPPLY, ENERGY GENERATION, ENERGY PRICE, ENERGY PRICES, ENVIRONMENTAL BENEFITS, ETHANOL, FAO, FARM, FARMERS, FATS, FEED GRAINS, FEEDING, FEEDS, FEEDSTOCK, FEEDSTOCKS, FERTILIZER, FERTILIZERS, FIBRES TEXTILES, FOOD CROPS, FOSSIL, FOSSIL FUEL, FOSSIL FUEL USE, FUELS, GASOLINE, GASOLINE PRICES, GENERATION, GINNERIES, GRAIN, GRAIN PRICES, GRAINS, GROUNDNUT, GROUNDNUTS, INFLATION, INNOVATION, INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE, LABOR FORCE, MAIZE, MALNUTRITION, MARKET CONDITIONS, MARKET TRENDS, MARKETING, MEAL, MILK, MILL, OIL IMPORTS, OIL INDUSTRY, OIL MARKETS, OIL PRICE, OIL PRICES, OIL REFINING, OIL SPILLS, OIL USE, OIL ­ PALM, OILSEED PRICES, OILSEEDS, PALM OIL, PALM OIL PRODUCTION, PEARS, PIG, POOR HOUSEHOLDS, POULTRY, PRICE INCREASE, PRICE INCREASES, PRICE INDEX, PRICE INDICES, PRICE LEVEL, PRICE OF OIL, PRICE SETTING, PRICE VARIATION, PRICING MECHANISM, PRODUCE, PRODUCER PRICE, PRODUCER PRICES, PRODUCTION COSTS, PRODUCTION OF COTTON, RAPESEED, RAPESEED OIL, RAW MATERIAL, RAW MATERIALS, RICE, SALE, SALES, SEED COTTON, SESAME, SMALLHOLDER PRODUCTION, SOILS, SOY OIL, SOYBEAN, SOYBEAN OIL, SOYBEAN PRICES, SOYBEANS, SPICES, SPREAD, STOCKS, SUBSTITUTE, SUBSTITUTES, SUGAR, SUGARCANE, SUNFLOWER, SUPERMARKETS, SUPPLY CHAIN, SUPPLY OF ELECTRICITY, TALLOW, TAX REVENUE, VEGETABLE OILS, WHEAT, WHEAT PRICES, WHOLESALERS,
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100629151725 https://hdl.handle.net/10986/3840
Tags:	Add Tag No Tags, Be the first to tag this record!