WASHINGTON, D.C. (RFD-TV) —European crop production is falling behind major global competitors, according to a recent analysis from Oxford Economics.
Between 2011 and 2023, crop production in the European Union grew an average of just 0.1% annually, compared with 1% in the United States and 3.3% in Brazil.
The report points to rising input costs and climate-related losses as major pressures on the industry.
Crop agriculture contributes around €246 billion, or roughly $275 billion, to the European Union’s GDP each year.
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