Millet Producer Prices per Tonne in Current US Dollars

Producer prices for millet received by farmers per metric tonne in current US dollars. The data is compiled by Africa Development Indicators, part of the World Bank, and is defined according to the System of National Accounts 1993 (SNA 93). Prices represent the amount receivable by the producer from the purchaser minus any value-added tax.

Use Cases

• Analyze annual trends in millet producer prices using the time-series price data.
• Compare millet price levels across different African countries using the geographic coverage.
• Model farm revenue volatility by examining fluctuations in the per-tonne price metric.
• Correlate millet producer prices with other economic indicators using the SNA 93-aligned definitions.

Strengths

• Data adheres to the standardized System of National Accounts 1993 (SNA 93) framework.
• Provides a specific price metric (per tonne in current US$) for consistent comparison.

Limitations

• Sample size and temporal coverage are unknown, limiting trend analysis.
• Geographic scope is implied but not explicitly defined, potentially introducing bias.
• Data freshness and update frequency are unknown, which may affect currency.

Provenance

Source

Africa Development Indicators, World Bank

Collection Method

Compiled from national statistical sources, adhering to SNA 93 definitions for producer prices.

Geography

Implied focus on Africa, but specific countries are unknown.