The European Commission places the cereal harvest at 294.8 million tons, the oilseeds at 30.4 and the beet at 113 million

Published Oct 11, 2021

Tridge summary

The European Commission's autumn 2021 short-term outlook report reveals mixed trends in the EU's agri-food sector, with overall growth in cereal, oilseed, protein crop, and sugar beet production, despite challenges such as rising commodity prices, economic recovery, and COVID-19 impacts. Pig production is projected to grow slightly, while the dairy sector expects a slight increase in milk collection and stable butter production, with a decline in beef production due to lower demand and a reduction in the dairy herd. The report also highlights the need for arable farmers to offset rising input prices and anticipates shifts in retail sales and consumption based on product and region-specific factors.

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

Original content

The three sectors offer increases of 5%, 10 and 13.6% in relation to 2020 Pig production shows a clear slowdown in the second part of the year although it will continue to rise 1.7% compared to the previous season. The EU agri-food sector is facing rising commodity prices, mainly due to the recovery of the economies of the EU, the United States and China. Rising energy and transportation prices and the consequences of the spread of the COVID-19 Delta variant, particularly in Asia, are having a disruptive impact on supply chains around the world. In this context of tensions, the autumn 2021 edition of the short-term outlook report, published on October 8, 2021 by the European Commission, presents a detailed description of the latest trends and new perspectives for each of the agri-food sectors covered. EU cereal production is on the rise, with a projection of 294.8 million tonnes for 2021/22, an increase of 5% compared to last year. This growth is mainly based on the recovery of ...

Source: Castilla