
Olam Agri’s CEO Verghese said the world may need to produce 56% more food by 2050, while global crop yields could decline by 35% over the next two decades. He argued that raising agricultural productivity should go hand in hand with protecting natural ecosystems and biodiversity.
The remarks point to long-term pressure to increase farm productivity while safeguarding the natural systems that support crop output, but provide no immediate supply or demand change for a specific feed commodity.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.