date:May 25, 2016
driver in widening the gap between local production in Sub Saharan Africa and potential long-term demand.
Demand moves south
The African continent currently accounts for 27% of the wheat traded on the global market, Rabobank notes, with demand, with demand growing by an annual 3.8% since the millennium.
And demand is growing fastest in Sub-Saharan countries, wheat imports are expected to rise by 40-50% over the next ten years, compared to a 16% rise in North Africa.
Rabobank forecast Sub-S