A report on the short-term market outlook for EU arable, dairy and meat markets has been published by the European Commission. The report shows favorable conditions for both the poultry and pork sectors. Pig meat production is expected to increase further in 2015, driven by low feed prices and a slightly higher breeding sow herd.
Poultry meat production continues its steady development. Throughout 2015, the increase in poultry meat production could reach around 2 percent or 240,000 metric tons more compared to 2014 and the increase could continue into 2016 as well, provided that no major market disturbances – such as diseases or higher feed costs -- would occur.
EU grains
For grains, after the 2014 record crop (329 million metric tons of cereals – some 14 percent above average), exports are estimated close to 60 percent above average. Moreover this year's grain harvest is forecast to be higher than average levels for the third year in a row.
Other proteins
Beef production is also likely to rise in 2015, boosted by cow herd developments and export opportunities. Relatively good prices and favourable forage conditions support an increasing herd and production in the sheep sector. This extra meat on the market translates in an average 1.4 percent (1 kilogram) increase in per capita consumption this year, after the strong recovery already observed in 2014.
