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Abstract
Maize price fluctuations in Malawi impact various groups differently, leading to significant seasonal hunger. By analyzing market price data and household surveys, this study quantifies the welfare impacts of these price changes. Stabilizing maize prices could reduce hunger by approximately 185 million person-days during the lean season. Policy recommendations include ensuring predictable maize market interventions, improving the timing of government purchases and sales, and promoting off-farm income-generating activities. These measures can enhance market confidence, encourage home storage of maize, and ultimately stabilize prices, benefiting both consumers and producers.