Brussels - Farmers in Europe should see bumper cereal crops this year, but it is too early to predict what impact this will have on food prices, officials in Brussels said Thursday.
"Favourable weather conditions and an increase in the planted area farmed should lead to a total cereals harvest close to 301 million tons for this year in the European Union, 43 million tons more than in 2007," a press release from the European Commission, the EU's executive, said.
That works out as a 16-per-cent increase over 2007's poor harvest, and a 9-per-cent rise compared with the average production over the last five years, the statement said.