Belgium: Flemish turnover from milk production remains stable in 2024

Published 2024년 10월 16일

Tridge summary

The Flemish agricultural and horticultural sector is projected to have an added value of 1.566 billion euros in 2024, marking a 4% increase from the previous year, as reported by Boerenbond. Although dairy farming's turnover is expected to remain stable, the sector's growth is primarily driven by cost reductions, with gross turnover decreasing by 1.7% to 7.62 billion euros. The year presents challenges for farmers, with significant variations across sectors, companies, and plots. The bluetongue virus outbreak in August 2024 affected milk delivery, and while milk production in the first seven months saw a slight increase, a decrease is anticipated in September due to the virus. Boerenbond forecasts a minor 0.4% increase in the EU's overall production in 2024, despite expecting a decrease in the number of dairy cows. The effects of prolonged spring rainfall are not expected to significantly impact milk production until autumn 2024 and early 2025.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Flemish agricultural and horticultural sector will generate an added value of 1.566 billion euros in 2024. That is four percent more than in 2023. If it specifically concerns dairy farming, the turnover will be the same as in 2023. This is evident from the evaluation of the production year and the estimate of the annual results that Boerenbond draws up every year. The slight increase is mainly due to the further reduction in costs in 2024, because gross turnover fell by 1.7% to 7.62 billion euros in 2024. Difficult year for farmers According to Boerenbond, 2024 was a difficult year for farmers. Lode Ceyssens, chairman of Boerenbond: 'Some farmers are really having a very difficult year. Despite the fact that the added value has increased slightly, we notice strong differences between sectors, between companies and even between plots.’ Effect of bluetongue In the first seven months of 2024, approximately 0.7 percent more milk was produced in Flanders than in the same period of ...

Source: Veeteelt