date:Jul 09, 2014
The prospects for 2014 indicate an above-average EU cereal harvest for the second year in a row and record level of cereal exports for marketing year 2013/14. Given the export performance, only a partial recovery of the cereal stock-to-use ratio is expected.
After two years of tight supply, EU meat production is expected to grow again.
The mild economic recovery in the EU raises the prospect of increased meat consumption, but meat exports are seen as likely to decline, with pig and poultry mea