Archive for March 9th, 2015

Favorable weather leads to record E.U. cereal production

BRUSSELS, BELGIUM — E.U. cereal production reached a new record level in 2014-15 thanks to favorable climatic conditions, bringing stocks back to comfortable levels and allowing for huge exports, according to the European Commission’s Winter 2015 Short-Term Agricultural Outlook published on March 9.

E.U. cereal harvest reached 327 million tonnes, which is 14% above average and 7% above 2013-14. Total cereal area increased by more than 1 million hectares from the 57.8 million hectares in 2013.

Good climatic conditions that included a ...

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EBRD invests millions in agribusiness sector

LONDON, ENGLAND — The European Bank for Reconstruction and Development (EBRD) mobilized €5.3 million ($5.76 million) for technical assistance in the agribusiness sector in 21 countries in 2014, according to its Annual Report released on March 9.

The EBRD said its Private Sector for Food Security Initiative supports the agribusiness sector, championing the role of private companies in boosting food production, improving food quality and setting incentives to create the right policy environment for sector-wide growth. The Initiative fosters private sector ...

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