The medium-term forecast for arable crops is relatively positive, thanks to solid world demand and firm prices.
The EU meat sector is expected to be supported by strong demand on the world market, while prospects of economic recovery should also allow for a higher consumption in Europe.
Poultry meat will remain the most dynamic segment and pork Europe´s favourite meat, while the decline in beef and sheep meat consumption is projected to continue.
Forecasts for milk and dairy commodities are favourable on both the world and domestic market, while the cheese sector is expected to be boosted by a dynamic world market and steady growth in domestic demand.
Agricultural income in the EU is expected to grow, although more as a result of the continuing decline in labour input rather than due to overall income growth.
Source: ag-press.eu
