May 22, 2003
In the 1950s, an African farmer produced ten quintals of grain, says Marcel Mazoyer, professor at the national agronomical institute in Paris. He kept eight to feed his family, and had two left over to sell on the market at $29 per quintal (at current rates). He thus had $57 of income to cover basic expenses. Today, with a quintal fetching less than $14, he must sell four to obtain the same amount and purchase vital necessities. He can no longer feed his family, much less make a profit that would enable him to invest in ways to increase production.
































