Short-term outlook for EU agricultural markets – summer 2023

Dear Madam, dear Sir,

The Directorate-General of Agriculture and Rural Development has published the summer 2023 edition of the short-term EU agricultural outlook.

This edition of the report presents the latest changes in overall market fundamentals and their impacts on main EU agricultural markets. It also includes updated balance sheets for all of them.

Presented prospects take into account the latest available information on the weather developments until mid-June, availability and prices of inputs (e.g. energy, fertilisers, feed), producer prices, consumer price developments, such as food inflation. Growth rates for some items have slowed down, and have declined or stabilised for others.

Sector specific highlights

In this edition, markets’ insights are presented by arable and specialised crops, and animal products. In addition, the market fundamentals section describes the overall changes in EU agricultural markets.

From this edition onwards, all EU balance sheets are available in the Agri-food data portal only, in the form of both tables and graphs. The latest markets that have been added are Wine, Biofuels and Protein crops.

Detailed Member State data can be found on the JRC portal, under EU estimated agricultural balance sheets.

Any question or comment on the current report and markets covered can be sent to: agri-outlook@ec.europa.eu.

If you do not wish to receive such a notification of publication, please reply to this message and your email will be deleted from the distribution list.

Best regards,

Directorate-General for Agriculture and Rural Development
Unit A.2, Analysis and Outlook