date:Mar 07, 2014
Prospects for the 2014 harvest are good as the winter climatic conditions have been broadly favourable so far, according to the Commission's Winter 2014 'Short-Term Agricultural Outlook'.
This, combined with the good 2013 cereal harvest, will allow for some recovery in stocks by the end of the 2013/14 marketing year, bringing the stock-to-use ratio to 12.2 per cent (compared to 10.3 per cent in the previous marketing year).
EU cereals exports could reach a record level, possibly exceeding 37 m