Children learn that April showers bring May flowers. For farmers around the world, however, May flowers are affected by other factors as well, such as weather, disease, and insects. In 2008 (the last year that statistics were published), the United Nations’ Food and Agricultural Organization estimated that 13 percent of the world’s population – a full 850 million people – were undernourished.
The company is locked in a showdown with its lenders, and they hold the cards. To keep them at bay, the company needs to raise cash, primarily through the sales of assets and legacy businesses.