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Corn, rice, and sorghum production forecasts for marketing year (MY) 2023/2024 are increased, while wheat production is forecast lower based on less planted area.
In August 2023, after more than a decade of political discussions on the restructuring of livestock farming, a new German law on mandatory animal husbandry labeling went into effect.
Improved stocks at poultry breeder facilities and lower feed prices are forecast to increase chicken meat production by two percent in 2024.