Total agricultural production is holding up well

Published 2020년 10월 6일

Tridge summary

Swiss agriculture is projected to grow its gross added value by 5.8% in 2020, reaching CHF 4.4 billion, despite the COVID-19 pandemic. This growth is attributed to improvements in animal and vegetable production, despite challenges in viticulture. The total production value is expected to slightly increase from 2019 to 2020, with falling production costs leading to improved gross added value. However, a decrease in labor volume and crop production values have led to a decrease in labor productivity. Animal production values have increased, driven by higher milk and meat prices. Public contributions continue to account for nearly 21% of the sector's resources.

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

Original content

Swiss agriculture is expected to generate gross added value of CHF 4.4 billion in 2020, up 5.8% from the previous year. Total production has remained stable, while production costs have fallen (photo Pixabay). In the context of the “extraordinary” situation decreed by the Federal Council in connection with COVID-19 and the measures adopted this spring, animal and vegetable production have progressed. On the other hand, the situation worsened for viticulture. These first estimates for the current year are based on the economic accounts for agriculture drawn up by the Federal Statistical Office (FSO) and published in a press release on Tuesday 6 October. Maintenance thanks to responsiveness With a few exceptions, it is difficult to distinguish the economic impacts linked to measures linked to the pandemic, from those of weather conditions or trends already initiated before this period. We observe, however, that the rapid adaptations of the branch and of the entire agrifood sector to ...

Source: Agrihebdo