Naperville, IL -- (SBWIRE) -- 06/16/2014 -- Reportstack, provider of premium market research reports announces the addition of Italy Agribusiness Report Q3 2014 market report to its offering
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 2018. We expect poultry and
cheese to outperform, mainly bolstered by the expected economic recovery, changes in consumption habits
and opportunities for expansion into export markets.
? Wheat production growth to 2017/18: -2.8% to 7.5mn tonnes. Production is expected to decline only
slightly over our forecast period, a result of base effects as well as lower prices and weather concerns in
2013/14 and 2014/15. Production will recover in the last years of our forecast period as prices stay
elevated by historical standards, driven by growing demand for food and biofuels.
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