Why do the world's poorest pay more for the same food?
Smallholder farmers in developing countries currently produce about 30% of the world's food. But they are way less productive than large-scale farmers in the developed world.
Thomas Njeru, who knows a thing or two about smallholder farming because he grew up on a small farm in his native Kenya before co-founding a micro-insurance firm for smallholders, says boosting the productivity of smallholders could up global food output by 30% — more than enough to cover the 10% deficit we now face.
In a livestream discussion about the global food crisis hosted by GZERO Media in partnership with the Bill & Melinda Gates Foundation, he explains that the production capacity of smallholders will continue to be undermined by things like high fertilizer prices, resulting in tomatoes in Nairobi costing four times more than in Chicago.
The world's poorest farmers, Njeru adds, are bearing the brunt of the global food price crisis.