Italy Agribusiness Report Q3 2012 - New Market Report Now Available
BMI View: Despite general dry weather conditions in Europe, Italy's grains production should rebound slightly in 2012/13. This will make the country less dependent on imports, especially thanks to high stocks and moderating consumption on the back of a bleak economic outlook. For dairy and livestock, farmers' margins are still being squeezed, especially as subdued growth in consumers' income discourage consumption of value added or more costly products like cheese and beef. However, the country still has tremendous export opportunities.
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