the agricultural development foundation international
 ADF
   Agricultural Development Foundation


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Agricultural Commodity Exchanges

There are several ways, some involving computer models, to help farmers decide how to allocate farm resources so as to try and maximise profits. However, unless a farmer can also exercise some control over his input prices and the prices at which he sells produce, profits can be substantially reduced.

Our DEX initiative, which provides a channel for equity capital for supports rural community projects, has identified effective procurement of inputs and marketing of project outputs as a central issues in determining income levels and sustainability.

As a first step to improve the "market position" of farmers, we are helping develop AGRICOMEX, the Agricultural Commodity Exchange. This work is being undertaken in collaboration with Seel-TelesisTM online services. AGRICOMEX is specifically for commercial farmers.

In the case of low income rural communities, a different system, called MAX (Market Access Exchange) is being designed (based on AGRICOMEX). This takes into account a range of other information required by rural community projects. It reflects the fact that the range of potential outputs of projects is not limited to agricultural produce but can include semi-processed and processed materials as well as items which are not agricultural.

To visit the AGRICOMEX site click here


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