September agricultural forecasts

Published Sep 23, 2020

Tridge summary

The article highlights a[/INST] The INE's Monthly Agriculture and Fisheries Bulletin reports significant drops in the productivity of various crops including apples, pears, and peaches due to adverse conditions. Decreases are also expected in almonds, kiwi orchards, vineyards, and rice, although maize productivity is expected to remain stable. The total clean weight of cattle and other animals slaughtered has decreased, while cow's milk collection and dairy products have seen an increase. The producer price index for agricultural products experienced notable fluctuations, with bulk olive oil seeing the highest increase of 16.2%. In June 2020, the consumer goods and services price index decreased by 1.0%, while the investment goods and services price index increased by 1.4%.

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Original content

According to INE's Monthly Agriculture and Fisheries Bulletin, agricultural forecasts point to sharp decreases in productivity in apples and pears (-20% and -35%, respectively), as well as in peach production (-25%), a result the combination of a series of adverse situations, namely heterogeneous budbreakers, irregular flowering and extreme weather phenomena, such as hail. There is also a forecast for decreases, albeit much less significant, in unit yield in almonds, kiwi orchards and vineyards (-5% compared to the previous season). In annual crops, maize productivity is estimated to be maintained compared to the previous campaign (very close to the average of the last five years). As for rice, a unit yield of 5.4 tonnes per hectare is expected, one of the lowest in the last two decades, as a result of irregular stands, problems in the control of weeds and even some difficulties in flooding beds. Potato production is expected to be around 432 thousand tons, -5% compared to the ...

Source: AgroNegocios