The reduction in milk supply at the end of 2016 contributed to the recovery in EU milk prices, said the European Commission in its short-term agricultural outlook published on Wednesday 8 March.
EU cereal production fell by 5.5% in 2016-2017, following smaller than average soft wheat and maize harvests. “This should result in a slowdown in EU cereal exports”, the Commission says in its outlook. The EU rapeseed harvest was also below average. EU sugar prices are catching up with high...