this Grain production forecasts for this year in the Community market are lower than expected and they stand 2.5% below 2021 levels because of some weather conditions Extraordinarily dry in some regions, according to the report on the outlook for agricultural markets released by the European Commission this Thursday.
The document shows that the total grain production in the EU will reach 286.4 million tons, which is 2.5% less than the previous season. In parallel, the expectedDemand for animal feed and grains to produce biofuels decreases by 1.3% and 3%.respectively.
In addition, the text points to a recovery in world agricultural prices. 30% since the Russian invasion of Ukrainealthough there is a certain relaxation in the markets due to the next harvest.
In the next step, the report shows that the EU has relatively high grain reserves and most export Amount of EU grains to increase by 14% from 2021This could partly offset the decline in global exports caused by the blockade of Ukraine’s ports and export restrictions.
The document emphasizes that existing reserves will help meet consumption needs in the EU and will be part of export demand, which is expected to remain high due to global market pressures.
In the next step, the exception to allow cultivation on fallow land, 6% increase in the areas where protein crops are planted for the 2022-2023 seasonAccording to the document, with 2.2 million hectares.
This increase in production will encourage EU protein crop exports increased by 19% compared to last year.
Farmers also benefited from this exception: sunflower plant due to low demand this Y fertilizersEU sunflower seed production is expected to peak at 11.1 million tonnes this year, which is 7.8% more.
Concerning the animal sector affecting meat and dairy, the report highlights that outbreaks of animal diseases such as African swine fever and high food prices pose a challenge for the industry, but concludes that food availability in the EU will not decrease. threatened.
The report reveals that the consequences of Russia’s military attack on Ukraine continue to affect Turkey. to world commodity markets and poses a threat to global food security.
Especially, Ukraine’s agricultural sector suffers along the entire supply chainfrom production to trade and this has put enormous pressure on the global supply of grains and oilseeds.
Increase in energy prices and its effects costs of production, transportation, heating, fertilizer or raw materials behind this increase in prices.
In any case, the report points out that the price of basic agricultural commodities will continue to have an impact on consumer prices, and consumers are therefore expected to switch from buying higher-value products to cheaper ones to control spending.
Source: Informacion
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