The Agricultural Market Information System (SIMA) is a process of collecting, processing and disseminating information on the dynamics of agricultural markets.
Agricultural market information typically covers data on commodity prices, production and stocks, agricultural calendar, diseases, road conditions, taxes, and transportation costs of commodities.
The aim of SIMA is twofold: to improve public policies by raising public awareness of the reality of markets, while increasing market transparency and contributing to a more fair and equitable distribution of resources and opportunities.
The strategic value of market information is that it enables both farmers and entrepreneurs to make informed and useful decisions, including about product quality, what to produce, when to do it, with whom and where to sell. Market information also helps minimize agricultural, logistical and commercial risks.
Since the production capacity and profitability of the activities of small farmers and micro entrepreneurs are largely hampered by difficult access to information on the agricultural calendar, soil and seed quality, diseases, state of agricultural desert roads, taxes as well as product transport costs, investment in SIMA or consolidation of the information bank can boost agriculture and agricultural entrepreneurship, ensuring inclusive economic growth .
Agricultural market information typically covers data on commodity prices, production and stocks, agricultural calendar, diseases, road conditions, taxes, and transportation costs of commodities.
The aim of SIMA is twofold: to improve public policies by raising public awareness of the reality of markets, while increasing market transparency and contributing to a more fair and equitable distribution of resources and opportunities.
The strategic value of market information is that it enables both farmers and entrepreneurs to make informed and useful decisions, including about product quality, what to produce, when to do it, with whom and where to sell. Market information also helps minimize agricultural, logistical and commercial risks.
Since the production capacity and profitability of the activities of small farmers and micro entrepreneurs are largely hampered by difficult access to information on the agricultural calendar, soil and seed quality, diseases, state of agricultural desert roads, taxes as well as product transport costs, investment in SIMA or consolidation of the information bank can boost agriculture and agricultural entrepreneurship, ensuring inclusive economic growth .
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