Here’s the translation to American English:
In the first quarter of 2025, the agricultural sector in the European Union experienced a 2.6% increase in the average production price, marking a second consecutive quarter of increases. This trend is complemented by a slight rise of 0.2% in the cost of goods and services used in agriculture, including inputs such as energy, fertilizers, and feed, according to the latest data from Eurostat.
This increase in agricultural prices is significant, as it represents the first time since the first quarter of 2023 that average input prices in agriculture have risen. Among the most notable products, milk saw a remarkable increase of 12.6%, followed by eggs at 10.7% and cereals with a 9.6% increase compared to the same quarter of the previous year. However, not all categories benefited, as there were significant declines in the prices of olive oil, which fell by 43.5%, potatoes with a decrease of 13.4%, and pigs with a drop of 11.2%.
Regarding inputs, veterinary expenses showed the largest increase at 3.0%. Meanwhile, more moderate price increases were recorded for fertilizers, which rose by 0.9%, and for energy and lubricants, which increased by 0.7%.
Price increases have not been uniform across all EU countries. While Ireland led with a rise of 19.3%, followed by Luxembourg (15.6%) and Hungary (14.6%), other countries such as Spain (-9.7%), Greece (-7.1%), Portugal (-2.8%), and Malta (-2.0%) experienced declines in their agricultural prices.
This scenario suggests a recovery in the agricultural sector overall, although disparities among different European countries are evident. With regard to non-investment-related inputs, 14 countries saw price increases, with Hungary (6.8%), the Netherlands (6.2%), and Romania (5.8%) recording the most significant rises. In contrast, Lithuania (-5.0%), Cyprus (-3.8%), and Latvia (-3.6%) had the largest declines.
In light of this economic context, the need for monitoring and adaptive strategies that respond to price fluctuations becomes evident, considering both internal and external factors influencing the European agricultural sector.
via: MiMub in Spanish