MARKET PREDICTIONS
June 1st, 2002
BY KEITH NUTHALLTHE EUROPEAN Commission has underlined its optimism about European beef production, predicting in its report on "Prospects for Agricultural Markets: 2002-2009 that it was set to return to "more normal" levels. The Commission says that this will result from increased prices and the end of livestock destruction schemes by March 2002 (except in the UK). Indeed, Brussels predicts that intervention stocks built up in recent years should be cleared by 2003 and says no further buying-in is expected until 2009, with production then reaching 7.75 million ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.