|Author (Corporate)||European Commission: DG Agriculture and Rural Development|
|Series Title||EC Short-Term Agricultural Outlook|
|Series Details||Number 33|
|Publication Date||July 2022|
The fallout from Russia's invasion of Ukraine continues to impact global commodity markets and pose a major threat to food security. Global agricultural prices have risen by 30% since the invasion began, although some relaxation has been observed in recent weeks. Weather conditions in the European Union (EU) are creating further challenges for the new harvest, with a fall in earlier forecasts now foreseen.
Additionally, outbreaks of animal diseases and high feed prices are also having a negative impact on EU animal production. These issues form the basis for the summer 2022 edition of the short-term outlook report. Market outlooks are provided for the EU-27.
|Subject Categories||Business and Industry, Internal Markets|
|Subject Tags||Agriculture, Food | Drinks|
|International Organisations||European Union [EU]|