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28 May 2019 | Story Valentino Ndaba
Meal in a Jar
Omar-Raphael Tabengwa quoted Maya Angelou who said: “I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.”

Lunch and learning were reconciled at Joe Solomon School in Heidedal as part of Africa Day celebrations which were spearheaded by the University of the Free State’s (UFS) International Student Association. As part of the second annual Meal in a Jar project, 190 learners received a hearty meal and stationery packs on 23 May 2019.

In addition to being served rice, mince and vegetables, the Grade four pupils also had the opportunity to learn a bit of basic German and Dutch. “We broadened their minds by introducing them to our foreign exchange students,” said Omar-Raphael Tabengwa, Student Representative Council (SRC): International Students.

Give and gain 

Not only did the exchange expose learners to knowledge about other African countries that exceeds the scope of their curriculum, hence decolonising education from a grassroots level. This also gave international students the opportunity to engage with the community beyond the institution.

More than just a meal

The Meal in a Jar project also promotes environmental sustainability and teaches pupils the value of reusing and recycling. According to Omar: “The jars can later be used for different purposes such as a stationery holder, washing powder container or coin collector, based on an individual’s need.” 

Embracing value of Uhuru

The Meal in a Jar project’s theme for this year was Uhuru, which means “freedom” in Swahili. These are the ideals that the UFS Walk to Uhuru team stands for, an initiative that the project endorses.
 
Much like the Meal in a Jar project, the UFS Walk to Uhuru initiative advocates the educational rights of the less privileged and is currently raising funds to aid access to higher education. As part of the first leg of the walk, the Uhuru team took a 350km expedition on foot to the Qwaqwa Campus in March. They are expected to summit Mount Kilimanjaro in mid-June in an attempt to make R1million for the 2020 academic year.

News Archive

Producers to save thousands with routine marketing strategies, says UFS researcher
2014-09-01

 

Photo: en.wikipedia.org

Using derivative markets as a marketing strategy can be complicated for farmers. The producers tend to use high risk strategies which include the selling of the crop on the cash market after harvest; whilst the high market risks require innovative strategies including the use of futures and options as traded on the South African Futures Exchange (SAFEX).

Using these innovative strategies are mostly due to a lack of interest and knowledge of the market. The purpose of the research conducted by Dr Dirk Strydom and Manfred Venter from the Department of Agricultural Economics at the University of the Free State (UFS) is to examine whether the adoption of a basic routine strategy is better than adopting no strategy at all.

The research illustrates that by using a Stochastic Efficiency with Respect to a Function (SERF) and Cumulative Distribution Function (CDF) that the use of five basic routine marketing strategies can be more rewarding. These basic strategies are:
• Put (plant time)
• Twelve-segment pricing
• Three-segment pricing
• Put (pollination)(Critical Moment in production/marketing process), and
• Pricing during pollination phase.

These strategies can be adopted by farmers without an in-depth understanding of the market and market-signals. Farmers can save as much as R1.6 million per year on a 2000ha farm with an average yield.

The results obtained from the research illustrate that each strategy is different for each crop. Very important is that the hedging strategies are better than no hedging strategy at all.

This research can also be applicable to the procurement side of the supply chain.

Maize milling firms use complex procurement strategies to procure their raw materials, or sometimes no strategy at all. In this research, basic routine price hedging strategies were analysed as part of the procurement of white maize over a ten-year period ranging from 2002–2012. Part of the pricing strategies used to procure white maize over the period of ten years were a call and min/max strategy. These strategies were compared to the baseline spot market. The data was obtained from the Johannesburg Stock Exchange’s Agricultural Products Division better known as SAFEX.

The results obtained from the research prove that by using basic routine price-hedging strategies to procure white maize, it is more beneficial to do so than by procuring from the spot market (a difference of more than R100 mil).

Thus, it can be concluded that it is not always necessary to use a complex method of sourcing white maize through SAFEX, to be efficient. By implementing a basic routine price hedging strategy year on year it can be better than procuring from the spot market.

Understanding the Maize Maze by Dr Dirk Strydom and Manfred Venter (pdf) - The Dairy Mail


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