BMI View: Production prospects look broadly favourable for Ethiopian agriculture over the long term. This will largely be due to more investment in the sector, along with higher incomes contributing to consumption growth. We believe the sugar sector has the most potential, as investments in new sugar refineries will make sugar one of the few reliable agricultural exports over the forecast period. Even with recent multinational interest in the country's farmland, Ethiopia is most likely to remain a net grains importer over the medium term. Regional food insecurity due to droughts will be a key issue over the next few months.