Positive outlook for EU agriculture and meat production despite uncertainty
Meat
Published Jul 8, 2021
Tridge summary
The European Commission on Tuesday published the latest report on the short-term prospects for EU agricultural markets, in which it highlights that, with significant progress in the Covid-19 vaccination campaign across the EU, the reopening of services and the lifting of travel restrictions is expected to have a positive impact on tourism this summer and on EU food consumption in general.
Original content
Still, uncertainties remain due to the Delta variant of the Covid-19 virus and its ability to control it. Specifically, the report shows that the prices of the main herbaceous crops are subject to notable variations in the spring, driven by high demand from China and the United States and by climate-related uncertainties surrounding world production levels. Thus, in 2021/22, EU cereal production is expected to reach 288.7 million tons an increase of 3% compared to last year, thanks to the increase in durum and durum wheat and maize. Similarly, oil and protein seed production in the EU could increase to 30.1 million tonnes (9.5% more than last year) and 4.6 million tonnes (an increase of 6.7%) , respectively. The use of cereals and oil meals in the EU for animal feed, as well as the consumption of vegetable oils for food and industrial purposes is expected. meat production EU beef production is expected to decline by 1.3% or 92,000 tonnes in 2021, due to lower demand for food ...
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