This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Bruselas cree que el sector agrícola continuará sufriendo los efectos de la crisis a corto plazo
Brussels believes that the agricultural sector will continue to suffer the effects of the crisis in the short term
18/03/2009
March 18, 2009
Effects on the real economy of the economic crisis will continue to "weighing" in the short term in agricultural markets European and international, but Brussels hopes a recovery of the sector within the EU in the medium term due to structural factors such as the global growth of the demand for foodthe development of biofuels and lower long-term agricultural production, according to a report published by the European Commission over the period 2008-2015.
The report highlights the increased resistance of agriculture to the impact of the international crisis than other sectors, but admits that he face "grand challenges", especially in what refers to the growth of demand and farm incomes, which will maintain strong pressure on food prices and that will force significant structural adjustments.
While the future of the agricultural markets is subject to "significant uncertainties", document submitted by Brussels points to a recovery in the medium term of agricultural raw materials.
