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 report ⬇️
agriculture.ec.europa.eu/news/

🐦🔗: n.respublicae.eu/EUAgri/status

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Winter , 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.

🐦🔗: n.respublicae.eu/EUAgri/status

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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.

🐦🔗: n.respublicae.eu/EUAgri/status

Drought and climate events impacted EU 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.

🐦🔗: n.respublicae.eu/EUAgri/status

The weather impacted negatively EU orange production, causing a 32% reduction in processed .

Apple production is above average, almost half of it is expected to be processed, due to higher costs for storage and transportation of fresh .

🐦🔗: n.respublicae.eu/EUAgri/status

EU 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 could grow by 2%, driven by demand recovery in China and stable UK and US demand.

🐦🔗: n.respublicae.eu/EUAgri/status

EU 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.

🐦🔗: n.respublicae.eu/EUAgri/status

EU 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 consumption could go up by 2.5% in 2023.

🐦🔗: n.respublicae.eu/EUAgri/status

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