BMI View: Mozambique's agricultural production is currently recovering from the 2015/16 El NiÃ±o episode, the fallout of which weighed on the country's agribusiness sector for the following crop year. We expect to see a return to growth in production in 2018. This view is on the back of our upwards revisions of our forecasts for corn, poultry, and sugar production in this quarterly update, starting in 2018 (2017 for sugar), and for each full-year period through to the end of our five-year forecast period in 2021. Despite the short-term bearish forecast on output, we continue to hold a relatively positive view on the agribusiness sector of Mozambique. The country has been attracting growing interest from foreign investors, and the industry will benefit from this trend in the coming years. Although Mozambique could tap into abundant and largely unexploited land and water resources, its production will not keep up with robust consumption growth. Self-sufficiency regarding corn and poultry will slowly decrease in the coming years, leading to increasing reliance on imports.