Prospects for Agricultural Markets and Income in the EU 2013-2023

Dec 2013

This report presents the medium-term outlook of major EU agricultural commodity markets and agricultural income to 2023, based on a set of coherent macroeconomic and policy assumptions deemed most plausible at the time of the analysis. Under these assumptions agricultural commodity prices are expected to
stay firm over the medium term, supported by factors such as the growth in global food demand, the development of the biofuel sector and a low productivity growth.
Prospects for agricultural income grow at EU level during the outlook period, resulting from ongoing restructurating rather than from income increases at sector level.

By: European Commission

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