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Italy Agribusiness Report Q2 2015

114 Pages BMI Research SKU: BMI5475689

Italy Agribusiness Report Q2 2015

BMI View: Our outlook for the Italian agribusiness sector has turned more positive, as we believe the dairyand livestock industries will record fairly robust growth through to 2018/19 on the back of the removal ofthe EU's milk production quota in 2015, and the opportunity for Italy to develop its value-added exports Weexpect corn production to post the strongest growth out of the grains complex, largely due to base effects,as we believe wheat output will remain broadly flat due to little opportunity for area or yield growth.

Key Forecasts

Wheat production growth to 2018/19: 9.8% to 7.7mn tonnes. We expect wheat production in Italy toremain broadly flat on current levels out to 2018/19, as there is little potential for growth in yields or thearea harvested of grains in the country, especially in a context of lower average grain prices relative to thepast few years

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Italy Agribusiness Report Q2 2015

BMI Research

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