Farmers expect further price increases:
Consumers notice it at the checkout: groceries are becoming more expensive. The agricultural industry points out that ...
tagesspiegel.de/wirtschaft/landwirtschaft-aechzt-unter-hohen-kosten-bauern-gehen-von-weiteren-preissteigerungen-aus/28418618.html
Farmers Expect Further Food Price Increases Amid High CostsFarmers’ president Joachim Rukwied cites costs not yet reflected in prices as a reason food prices may continue rising.
Key FactsJun 12, 2022 · Reading time: ~45 sec.
Summary created with AI assistance · Source: tagesspiegel.de
Summary created with AI assistance · Source: tagesspiegel.de
- Joachim Rukwied expects further price increases because some higher costs have not yet been reflected in prices.
- Many farms face higher diesel, electricity, gas, feed and fertilizer costs; higher supermarket prices reach farmers only partly.
- In May, consumer prices were 7.9 percent, energy prices 38.3 percent and food prices 11.1 percent above the previous year.
- According to Rukwied, temporarily cultivated additional land could yield 1.4 million tonnes of grain; policymakers should decide in July.
We are sticking to the transformation process toward more climate protection, more animal welfare in the barns, and improvements for biodiversity. That means a very clear 'no' to suspending these issues now.— Joachim Rukwied, president of the German Farmers' Association, in an interview with the Deutsche Presse-Agentur (dpa).
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practice of cultivating plants and raising animals to produce food, fiber, fuel, and other products; one of humanity's oldest and most widespread activities, forming the foundation of most human civil
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