Business - Economy

Bank Austria: “Austrian agriculture has optimistic prospects for the future”

Published: November 14, 2012; 18:56 · (Vindobona)

Agricultural revenues grew by roughly one third in 2010 and 2011 to EUR 2.6 billion. Agriculture loses a bit of momentum in 2012: Losses in revenue despite price increases due to dramatic decline in harvest yields.

Bank Austria: “Austrian agriculture has optimistic prospects for the future” / Picture: © Flickr

Austrian agriculture has two very successful years behind it: Agricultural revenues in Austria rose by nearly one third in 2010 and 2011 to a total of EUR 2.6 billion. Last year in particular, production increased dramatically, and producer prices also rose in many segments, allowing them to make up for the high input costs and the declines in agricultural subsidies. However, this…

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Bank Austria: “Austrian agriculture has optimistic prospects for the future”

Agricultural revenues grew by roughly one third in 2010 and 2011 to EUR 2.6 billion. Agriculture loses a bit of momentum in 2012: Losses in revenue despite price increases due to dramatic decline in harvest yields.

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