AGRICULTURE AND RURAL DEVELOPMENT,update

 

7 December 2023   AGRICULTURE AND RURAL DEVELOPMENT Medium-term outlook report newsletter

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Report highlights – December 2023

EU agriculture will continue contributing to food security in the EU and globally. Sustainable farming practices and innovation will counterbalance the negative impacts on yields of climate change and constrained inputs. Evolving consumer preferences will impact animal production patterns. The CAP will continue supporting EU farmers in the transition towards more sustainable production.   Please visit the Medium-term outlook webpage to download the report and data file.

Data crunch

Meat: -1.6kg per capita decline in meat by 2035   Dairy: -0.2% decline of milk production per year   Crops: 1% increase of net exports of soft wheat per year Learn more in the Medium-term outlook report.

Dashboard

Medium-term Outlook commodity flows Agricultural commodity flows based on data from the EU agricultural medium-term outlook report for the 2023-35 period.   more

News

EU agricultural outlook 2023-35: a transitioning and resilient EU’s farming sector will overcome challenges and embrace opportunities In the next decade, EU farmers’ resilience will continue to be tested by new changing climate and market conditions and evolving societal demands.   more

Ongoing event

EU Agri-Food Days This international event brings together farmers, policy-makers, business leaders, analysts, and experts from around the world to discuss the outlook of European agriculture, market trends, food security, sustainability, and digital innovation.   Agricultural markets dashboard – sheep meat View the latest update Related links EU Lamb, mutton and goatmeat policy | EU agriclutural markets short-term outlook – animal products Latest update Dashboard: Milk and dairy products Highlights EU butter prices: 536€/100 kg, +4.1% in last 4 weeks; EU SMP prices: 262 €/100 kg, -0.2% in last 4 weeks; EU WMP prices: 365 €/100 kg, +0.3% in last 4 weeks; EU cheddar prices: 346 €/100 kg, -0.4% in last 4 weeks; IT spot milk price stable at 56.5 c/kg (03/12/2023); EU avg. farm gate milk prices up +1.8% in Oct 2023 (44.22 c/kg) but -21.9% compared to Oct 2022; estimated price for Nov: 44.44 c/kg (+0.5%); Compared to Sep 2023, the Oct 2023 milk price is down in US (41.3 c/kg; -3.8%) and up in NZ (30.8c/kg; +0.5%); Decrease of energy costs (-3.0%) and increase of feed costs (+0.6%) in week48 compared to the previous 4 weeks; GDT last auction (05/12/2023): general price index +1.6%, with a general price increase: BMP(+2.8%),  cheese (+9.7%), Lactose (+5.3%), SMP (+1.2%);and WMP (+2.1%). Related links EU milk and dairy products policy | EU agricultural markets short-term outlook Agricultural markets dashboard – eggs View the latest update Related links EU eggs policy | EU agricultural markets short-term outlook Agricultural markets dashboard – poultry meat View the latest update Related links EU poultry policy | EU agricultural markets short-term outlook   date 05/12/2023 - 08/12/2023 Organiser Directorate-General for Agriculture and Rural Development See also EU Agri-Food Days online

This newsletter is published by the European Commission's Directorate General forAgriculture and Rural development. Visit our websites: Agriculture and Rural Development