EC forecasts to 2035: Cereal prices will grow annually by 1.7 percent

In its latest report on the agricultural perspectives of the European Union (EU) agricultural markets until 2035, published yesterday by the European Commission (EC), interesting forecasts for the future development of the sector are indicated. With the caveat that the economists do not include the latest EC trade agreements prepared after 2024, including the Mercosur agreement, against which EU farmers will protest tomorrow. Sino.bg has already introduced you to the general findings of this report. The purpose of this text is to present in detail how the markets will look in the next ten years and how this will affect the production and exports of the member states. EU report - general forecasts According to economists, by 2035, the use of arable land in the EU will decrease slightly, as competition between different types of land use (for example, for urban areas, transport, and renewable energy) will affect the size and area of land for agriculture and forestry. However, ...