Contract farming as a last-resort option to finance rice cultivation in Senegal

Soullier Guillaume, Moustier Paule. 2022. Contract farming as a last-resort option to finance rice cultivation in Senegal. Journal of Development and studies, 58 (5) : 1014-1031.

https://doi.org/10.1080/00220388.2021.2013466

Article de revue ; Article de recherche ; Article de revue à facteur d'impact

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Quartile : Q2, Sujet : DEVELOPMENT STUDIES / Quartile : Q2, Sujet : ECONOMICS

Liste HCERES des revues (en SHS) : oui

Thème(s) HCERES des revues (en SHS) : Economie-gestion

Résumé : We investigate the role of contracts in farmers' access to credit over time using the conceptual framework of livelihoods and the economics of rural organisations. We applied multi-component analysis to a dataset of 594 rice farms in the Senegal river valley, analysed changes in 72 producer organisations' funding strategies over time, and conducted 85 semi-directed interviews. Results show that individual farmers' participation in contract farming varies over time, mainly depending on the availability of their financing capital. While bank creditworthy farmers use tripartite marketing contracts to remain in the formal segment of the credit market, indebted farmers use production contracts as a last-resort credit option before they are excluded from the credit market. We discuss the positive contributions contracts make to farmers' livelihoods as they correct failures on the credit market, but they can also trap farmers in less economically profitable relationships.

Mots-clés Agrovoc : riz, financement, crédit, agriculture contractuelle, exploitation agricole familiale, marché, participation des agriculteurs, pratique culturale, diversification, petite exploitation agricole, économie rurale, système d'exploitation agricole, marché des produits de base, agriculteur