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Europe Daily Bulletin No. 8480

12 June 2003
Contents Publication in full By article 39 / 40
GENERAL NEWS / (eu) eu/agriculture
OECD forecasts rising world agriculture output but says progress in cutting subsidies is too slow

Brussels, 11/06/2003 (Agence Europe) - In its latest "Agricultural Outlook 2003-2008", published Thursday last, the Organisation for Economic Cooperation and Development (OECD) forecasts an increase in world agricultural output. "Although most agricultural product prices are expected to rise over the medium term, this should be moderated by increasing crop and livestock supplies", the OECD explains. Cereal productivity improvements are expected to continue, which confirms forecasts for a...

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