Latest Short-term Outlook For Main EU Agricultural Sectors
The latest agricultural short-term outlook report published by the European Commission shows in its main findings that EU exports of pork, beef, olive oil and dairy products are expected to continue increasing in 2019 with overall EU agricultural production also on the rise. The dairy sector sees sustained demand for EU dairy products and favourable weather conditions. In addition, global demand for skimmed milk powder is high.
Exports of EU beef are expected to increase by 15% in 2019 despite a reduction in beef production of 1.2%. Demand for pigmeat, especially coming from China, should lead to an increase of 12% of EU exports in 2019 while production will remain stable. As for poultry, thanks to sustained demand and high prices, production will keep growing, increasing by 2.5% compared to 2018.
For 2019/2020, cereal production is expected to recover and reach 311 million tonnes. Wheat production should increase by 11% and reach 142 million tonnes. Production of peaches and nectarines could reach around 4.1 million tonnes in 2019, an increase of 4% compared to 2018, thanks to favourable weather conditions.
As for the sugar sector, production is expected to reach 18.3 million tonnes, an increase of 4% compared to last year in spite of a reduction in the EU sugar beet area. More information is online.
