Impact of reform proposals in the beef sector
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CTA. 2003. Impact of reform proposals in the beef sector. Agritrade, May 2003. CTA, Wageningen, The Netherlands.
Permanent link to this item: http://hdl.handle.net/10568/52756
In addressing the Agra Europe Conference at the end of March 2003 Commissioner...
In addressing the Agra Europe Conference at the end of March 2003 Commissioner Fischler set out the likely impact of reform on the beef sector, where production was expected to decrease by 3% by 2009 while producer prices were expected to rise by 7%, leaving EU beef farmers better off. He expressed the view that this scenario was far better than having higher interventions stocks, more export refund expenditures, lower beef prices and a continued incentive to produce intensively. Comment: This suggest that ACP beef suppliers can expect some recovery in EU beef prices over the longer run (though this is likely to be marginal compared to the 28% decline in prices experienced since 1999).