Belgium: Satisfaction of Flemish farmers is decreasing

Published 2024년 10월 15일

Tridge summary

The biannual survey among Flemish farmers and horticulturists revealed a slight decrease in the business cycle index in autumn 2024, from 84 to 81, and a further drop in the expected index for the next six months from 83 to 77. The decline is primarily due to the wet spring and the spread of the bluetongue virus. Despite these challenges, dairy farmers expect a decrease in milk production but an increase in milk price, maintaining a good margin. In contrast, beef cattle farmers are less optimistic about the next six months due to concerns about feed quality, bluetongue, and an increased beef supply in Europe, leading to a significant drop in the index for this sector.

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

Original content

A biannual survey among Flemish farmers and horticulturists shows that the business cycle index fell slightly in the autumn of 2024, from 84 to 81. The business cycle index regarding expectations for the coming six months also fell from 83 to 77. This is evident from a report by the Agriculture and Sea Fisheries Agency. Wet spring and bluetongue The declining satisfaction seems to be mainly caused by the wet spring, which was a problem for many farmers and horticulturists for sowing and harvesting high-quality crops. In addition, the spread of the bluetongue virus is mentioned as a reason for uncertainty. Good margin in dairy farming Among dairy farmers, the index fell slightly from 82 to 77. More than half of the respondents expect a decrease in milk production in the coming six months and an increase in the milk price. The demand for milk and dairy products remains stable, which keeps the margin in the sector good. The decrease in the index is ...

Source: Veeteelt