Prospects for EU agricultural markets and income 2015-2025

This report presents the medium-term outlook for the major EU agricultural commodity markets and agricultural income to 2025, based on a set of coherent macroeconomic assumptions. It assumes a continuation of current agricultural and trade policies, normal agronomic and climatic conditions and no market disruption.
These assumptions imply relatively smooth market developments because they correspond to the average trend agricultural markets are expected to follow if policies would remain unchanged; in reality markets tend to be much more volatile.