The agricultural short-term outlook report published July 3th, 2019 by the European Commission shows an expected increase in exports. In its main findings it is concluded that EU exports of pork, beef, olive oil and dairy products are expected to continue increasing in 2019 with overall EU agricultural production also on the rise.
The dairy sector sees sustained demand for EU dairy products and favourable weather conditions. In addition, global demand for skimmed milk powder is high. Exports of EU beef are expected to increase by 15% in 2019 despite a reduction in beef production of 1.2%. Demand for pig meat, especially coming from China, should lead to an increase of 12% of EU exports in 2019 while production will remain stable. As for poultry, thanks to sustained demand and high prices, production will keep growing, increasing by 2.5% compared to 2018. For 2019/2020, cereal production is expected to recover and reach 311 million tonnes. Wheat production should increase by 11% and reach 142 million tonnes.
As for the sugar sector, production is expected to reach 18.3 million tonnes, an increase of 4% compared to last year in spite of a reduction in the EU sugar beet area.