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October 18, 2011

 

EU publishes short term outlook for agricultural commodity

 

 

EU has published its short term outlook for main agricultural commodity markets for the first time.

 

In the EU, cereals balance is expected to remain relatively tight with a 2011 production of 275 million tonnes. Oilseeds production is expected to decrease by 2.2% in 2011.

 

The short term outlook for arable crop, meat and dairy markets in the EU includes information and data. The report is based on analyses of market experts within the Directorate General for Agriculture and Rural Development of the European Commission and it will be published three times a year. Updates of the cereals balance sheet will be published monthly on Europa website and for the first time at the end of October.

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