DENMARK:EFFORTS TO STRENGTHEN AGRICULTURE SECTOR

Article Abstract:

In Denmark, agricultural organisations and the Food Ministry have set up a committee to examine how to improve the competitive power of the Danish agriculture sector in export markets. The aim is to ease certain agricultural costs such as fees pertaining to taxes, food safety and animal welfare which add up to a total of DKr957mn (US$140.7mn) a year. The Agricultural Council calls for more funds to R&D in order to meet with the rising demands regarding the environment, animal welfare, food quality and food safety. The council also states that improved export credit conditions are required.

Government domestic functions

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INVESTERINGSSTOP TRUER LANDBRUGET

Article Abstract:

Net earnings in the Danish agriculture sector will be more than halved this year, from DKr 7bn (USD 1bn) in 1997 to about DKr 3bn. This is the lowest level since 1992-93. Suppliers of agricultural machinery are likely to be affected as investments are expected to be reduced. Henning N rgaard, MD of Jyden Bur and chairman of the trade organisation in the agricultural machinery sector, says the company anticipates a 25% decline in turnover at worst.

Comment:

Denmark: Net earnings in agriculture sector will be more than halved in 1998 from DKr7 bil in 1997 to about DKr3 bil

Forecasts, trends, outlooks, Sales & consumption, Farm Machinery and Equipment Manufacturing, Farm Machinery, Agricultural equipment, Article

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