The negative impacts of Russia’s invasion of Ukraine and the ensuing high input costs continue to weigh on EU agricultural markets.
However, the latest forecasts for EU agriculture are more positive than in autumn 2022.
New #AgriOutlook report ⬇️
https://agriculture.ec.europa.eu/news/short-term-outlook-report-war-ukraine-continues-impact-eu-farmers-2023-03-30_en
🐦🔗: https://n.respublicae.eu/EUAgri/status/1641387231607701504
Winter #drought, after the hot and dry summer of last year, worsened water availability in regions with already record low water reservoirs.
This might lead impacted farmers to substitute away from more water-intensive crop cultures. #AgriOutlook
🐦🔗: https://n.respublicae.eu/EUAgri/status/1641450131097796609
2023/24 EU cereal production could reach 288.4 million tonnes (+8.6% year-on-year)
EU wheat exports continues to increase (+9.4%) to respond to global demand.
Imports from Ukraine help EU regions impacted by drought to satisfy domestic cereal demand.
#AgriOutlook
🐦🔗: https://n.respublicae.eu/EUAgri/status/1641451798992162818
Drought and climate events impacted EU #OliveOil production, which in 2022/2023 decreased by almost 40% year-on-year, leading to higher prices.
As a result, both EU consumption and exports are expected to drop, after last year's record exports. #AgriOutlook
🐦🔗: https://n.respublicae.eu/EUAgri/status/1641453013473837063
The weather impacted negatively EU orange production, causing a 32% reduction in processed #oranges.
Apple production is above average, almost half of it is expected to be processed, due to higher costs for storage and transportation of fresh #apples. #AgriOutlook
🐦🔗: https://n.respublicae.eu/EUAgri/status/1641457979869499393
EU #milk production remained stable in 2022.
In 2023, a declining EU raw milk price is likely to cause EU dairy herd to shrink by 1%, and milk production by 0.2%.
EU exports of #cheese could grow by 2%, driven by demand recovery in China and stable UK and US demand. #AgriOutlook
🐦🔗: https://n.respublicae.eu/EUAgri/status/1641458492174393345
EU #beef production decreased by 2.4% in 2022, and is expected to decrease by a further 1.6% in 2023.
Per capita beef consumption is expected to keep declining, staying slightly below 10 kg in 2023 (-1.7%), due to beef being more expensive than other types of meat. #AgriOutlook
🐦🔗: https://n.respublicae.eu/EUAgri/status/1641459418788425729
EU #pigmeat production decreased on average by 5.6%. Due to the limited supply, EU domestic use decreased by 2.8% in 2022, averaging at 31.8 kg per capita. This would further go down in 2023 by 5.5%.
EU #poultry consumption could go up by 2.5% in 2023. #AgriOutlook
🐦🔗: https://n.respublicae.eu/EUAgri/status/1641459683360915457