Sowing the Seeds of a Farm Boom in Africa (Bloomberg)

IFPRI’s Maximo Torero, Director of the Markets, Trade, and Institutions Division, told Bloomberg reporter Alan Bjerga that regulations intended to help farmers can actually impede growth. According to the article, “Government rules are another obstacle to development. With global food prices at their lowest since 2009, drought-stricken African countries could ramp up imports. But in countries such as Zimbabwe, which said in February that it wouldn’t accept GMO corn for food relief, regulations designed to insulate local farmers from global competition make shipments from abroad more expensive.” Read the full article on the Bloomberg website.