06 Oct 2016
EUROPEAN COMMISSION DAILY NEWS – 06 OCTOBERBrussels Daily
Commission publishes Short-Term Outlook report
A Commission report on the Short-Term Outlook for EU arable crops, dairy and meat markets in 2016 and 2017 has been published today.
EU pigmeat exports are expected to reach a record levl of 2.7 million tonnes thanks to an increase in exports to China. Pigmeat prices are expected to follow a similar trend.
Prices for dairy products in Europe have also seen an increase in recent weeks, which could be reflected in prices paid to producers. The duration of the recovery in the dairy sector remains uncertain, however. This is why the Commission launched an EU Milk Production Reduction Scheme worth EUR 150 million, which has seen a strong take-up from farmers.
Cereals and oilseeds are facing the unusual situation of a bumper crop worldwide, but a poor harvest in the EU, especially for wheat and maize.
The full 31-page report with balance sheets for arable crops, dairy and meat is available here.
EU triggers entry into force of global climate agreement
The European Union has officially joined the Paris Agreement, triggering the entry into force of the landmark deal to tackle climate change. Ambassadors from the EU and the seven Member States that have already completed their national procedures (Slovakia, France, Hungary, Germany, Malta, Austria and Portugal) deposited their ratification instruments at the UN headquarters yesterday. The official ceremony will take place on Friday, 7 October in New York at the United Nations headquarters, hosted by the Slovak Minister of Environment, László Sólymos, and Climate Action and Energy Commissioner Miguel Arias Cañete. Together with other international partners that have deposited recently, the EU and the UN will celebrate the deposit of the instruments that have triggered the entry into force of the Paris Agreement. The Paris Agreement, which was adopted in December 2015 by 195 countries, will legally enter into force on 4 November 2016. In the presence of European Commission President Jean-Claude Juncker, United Nations Secretary-General Ban Ki-moon and the President of COP 21 Ségolène Royal, the political process for the European Union to ratify the Agreement was already concluded earlier this week (see the full STATEMENT by the Commission). This follows the State of the Union Address by President Juncker on 14 September 2016 in which he called for a swift ratification of the Paris Agreement (the address is available here).
NEWS IN FULL