D-strategic-grain-reserve Dictionary
Strategic grain reserve
Grain held by the state to protect food supply in bad years
- Plain meaning
- Grain held by the state to protect food supply in bad years
- How to use it
- Treat the reserve agency as a buyer of last resort and a source of policy risk: its purchases and releases move local grain prices.
- South African benchmark
- South Africa holds no state grain reserve; stocks are held privately and traded on SAFEX.
- Country notes
- Zimbabwe's GMB and Zambia's FRA hold strategic reserves; Zambia's FRA aimed to buy at least 500,000 tonnes of maize in 2026.
- Go and read
- C7
- Calculate it
- No calculator; the term is applied in the venture plan narrative.
- See also
- Floor price, White maize
Introduced in C7 Trade and Policy.