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In late 2017, Ethiopia contracted to buy 800,000 metric tons of imported wheat, valued at $225 million.
Cotton production in MY17/18 (Aug-Jul) is projected to fall to 176,000 bales (38,000 MT) because of poor weather conditions and pest damage.
In June 2017, the African Union Commission launched a five-year Business Plan to guide national, regional and continental efforts to accelerate Africa’s agricultural transformation.
Ethiopia is Africa’s leading coffee producer and the fifth largest in the world. MY15/16 production is forecast at 6.508 million bags (390,500 metric tons).
Ethiopia's cotton production, which has remained fairly flat in recent years, is estimated at 184,000 bales (40,000 metric tons) in MY14/15.