Tridge summary
Portugal's December agricultural forecasts show a 25% decrease in olive production, despite recent rainfall. While winter cereal sowing may experience delays from flooding, significant area reductions are not anticipated. The sown area for common wheat, triticale, rye, and oats is expected to be similar to the previous campaign, but durum wheat may see a 5% reduction. The total clean weight of cattle and goats slaughtered in November 2020 increased, while poultry and rabbit figures also rose. However, chicken production and numbers saw a decrease, alongside an 8.1% increase in chicken egg production. Cow's milk collection increased by 1.0% in December. The producer price index for agricultural products saw significant fluctuations, with increases in the costs of potatoes, fruits, bulk olive oil, pigs, eggs, and fresh vegetables, while the price index for goods and services for current consumption decreased by 0.2% in December.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to INE's Monthly Bulletin of Agriculture and Fisheries Statistics, agricultural forecasts, on December 31, point to a 25% reduction in olive production, even though the rainfall in the last few months has compensated for part of the drop in the fruit load. (resulting from weak revenge). In winter cereals, sowing experienced some delays as a result of the flooding of the soils, but significant decreases in the installed areas are not expected. In common wheat, triticale, rye and oats, the area sown should be similar to that of the previous campaign, with a 5% reduction in durum wheat. The total clean weight of cattle slaughtered and approved for consumption in November 2020 was 39,811 tons, which corresponded to an increase of 2.9% (-5.2% in October), due to the higher slaughter volume registered in cattle (+ 17.7%) and goats (+ 36.4%). The total clean weight of poultry and rabbits slaughtered and approved for consumption was 30 350 tonnes, which represented an increase ...
Source: AgroNegocios
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