Recently Released Market Study: Greece Agribusiness Report Q2 2012
BMI View: The outlook for Greek industry, including its agricultural sector, continues to worsen. We maintain our view for dairy and grains production to slow in 2011/12 as difficult credit conditions take some producers out of business. We expect livestock production to stagnate. Sugar output will be the only crop to register an increase, which is likely owing to base effects and the recent decision by the European Commission to abolish EU production quotas by 2015. We will monitor closely...
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