The agriculture sector in Malawi has consistently been plagued with low productivity and under-production to an extent that the agriculture led economic growth since 2005 to 2013 has not translated to poverty reduction as trickle-down economics prescribe. Kremer’s (1993) O-Ring Theory of Production is used to analyze why this is the case. Using a model of sequential production, where final value of agriculture production depends on the successful completion of all tasks, it is demonstrated that Malawi agriculture under-achieves due to the prevalence of mistakes in the delivery of some of the tasks involved in agricultural production which in turn affect the value of final output.