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Europe Daily Bulletin No. 9003

3 August 2005
Contents Publication in full By article 12 / 16
GENERAL NEWS / (eu) eu/agriculture
Farm income expected to increase 11.7% on average between 2002 and 2012, according to Commission forecasts

Brussels, 02/08/2005 (Agence Europe) - Last Friday, the European Commission published a report entitled “Prospects for agricultural markets and income 2005-2012”. Medium term prospects are quite favourable for cereals, meat and dairy produce, the report states, although the rise in cereal stocks in 2004 will continue to weigh on markets over the next two years. Community meat markets have returned to normal after the extreme conditions in recent years. The current situation on the beef...