E.U. agricultural commodity outlook published

by World Grain Staff
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BRUSSELS, BELGIUM — Following the announcement of Commissioner for Agriculture and Rural Development Dacian Cioloş at the G-20 agricultural ministers meeting in June 2011, the European Commission has now published for the first time a short-term outlook for main agricultural commodity markets

In the E.U., 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 E.U. includes information and data available until Sept. 15. 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 web site and for the first time at the end of October.
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