EU production growth is expected to be limited over the next decade. However digitisation will play a crucial role in the development of the sector.
The balance sheets give an overview of production, trade and use for each sector.
Following an increase of US maize prices increase, the automatic mechanism which calculates import duties for the three cereals was triggered.
The import duties for maize, sorghum and rye in the EU increased from €0 to €5.48 per tonne due to a recent decrease of US maize prices.
Following a global increase in maize prices, the automatic mechanism calculating import duties for the three cereals was triggered.
The European Commission updated for the second time import duties for maize, sorghum and rye.
With a global amply supply and low prices for maize, the import duty for maize, sorghum and rye was updated as of today.
The new EU cereals farm report provides an overview of the production costs, profitability and incomes of this sector based on data from 2017.
EU demand for cereals and oilseeds remains driven mainly by feed use, although industrial uses will grow more rapidly.