Good Year for Cereal Farmers

CompaniesOther ♦ Published: August 5, 2011; 16:23 ♦ (Vindobona)

Cereal production is expected to increase to 5.3 million tons, a plus of 13% compared to 2010 and clearly above long-term average.

Good Year for Cereal Farmers / Picture: ©

Cereal yield will be above average in 2011, although quality has suffered from unsettled weather conditions. In terms of prices, Agrarmarkt Austria (AMA) expects a lateral movement and considerable differences as a result of mixed quality. “General mood among farmers is good. They will achieve a plus on the bottom line”, said Franz Stefan Hautzinger, Chairman of the Administrative…