Globally, 2021 is a critical year for recovery and food system transformation. If we do not transform our food systems, we will hardly attain the Sustainable Development Goals (SDGs), particularly ending hunger. In this decade, Africa will need to chart clear pathways and identify concrete actions that can build sustainable and resilient food systems.
The majority of the worlds’ poor live in rural areas and rely closely on biodiversity for food security, nutrition and employment, with agriculture providing the primary source of employment.
The grains finished out the last full week of August posting solid gains with old crop soybeans leading the charge. Strong export demand continues to help the soybean market push higher.
Wheat futures’ summer of impressive gains tied to global supply concerns received yet another bounce in an August surprise. Market analysts interviewed by Milling & Baking News, a sister publication of World Grain, laid out paths by which futures could now dip lower into the fourth quarter and perhaps shoot higher in the early months of 2022.
Corn and soybeans typically are the focus of the August US Department of Agriculture’s Crop Production and Agricultural Supply and Demand Estimates (WASDE) reports and were expected to be so on Aug, but both gave way to surprisingly bullish US and global wheat forecasts.
The global produce industry is a fascinating and entirely unique business model, with arguably one of the most delicate operational chains that spans global markets and meticulously juggles countless daily moving pieces.
