Italy Agribusiness Report Q4 2013

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Italy Agribusiness Report Q4 2013 Aug 28th 2013, 00:00 Price: $ 1295   BMI View: Our outlook for the Italian agribusiness sector has turned more bearish, as dry conditions in Europe, high operating costs and bleak economic prospects have taken a toll on the grains, dairy and livestock sectors. Our long-held view has favoured the grains segment over rice, and we expect conditions to be particularly favourable for wheat and corn over the forecast period to 2017. We also expect poultry and cheese to outperform, mainly bolstered by the expected economic recovery, changes in consumption habits and opportunities for expansion into export markets. Key Forecasts ? Wheat production growth to 2016/17: 22.1% to 7.5mn tonnes. Production is expected to rise as prices stay elevated, driven by growing demand for food and biofuels. Production of cellulosic ethanol, of wh ... Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/268638.html

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