Fonio Producer Prices in Local Currency Units

Producer prices for Fonio, a West African cereal, are tracked per tonne in local currency units. The data is compiled by the Africa Development Indicators team at the World Bank, representing prices received by farmers for this primary agricultural product. The specific temporal coverage and update frequency are not provided in the input.

Use Cases

• Analyze price trends for Fonio over time using the time-series price data.
• Model the relationship between Fonio producer prices and regional food security indicators.
• Compare Fonio price volatility against other staple grains in the SNA 93 agricultural product classification.

Strengths

• Data is defined according to the standardized SNA 93 framework for primary agricultural products.
• Prices are specified per tonne in local currency units, providing a consistent unit of measure.

Limitations

• Sample size, time range, and geographic coverage are unknown.
• The dataset is limited to a single crop, Fonio, restricting broader agricultural analysis.

Provenance

Source

World Bank Africa Development Indicators

Collection Method

Producer prices received by farmers, as defined in SNA 93, likely collected from national statistical agencies.

Geography

Presumably focuses on Fonio-producing regions, often in West Africa, but specific countries are unknown.