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German Farming 'Sector Hit by Falling Prices

15 July 2014

GERMANY – A fall in grain, dairy and cattle prices is hitting the German agriculture sector despite a drop in input costs and improving pork markets benefiting some producers.

An economic barometer from the German Farmers Association (DBV) for June has highlighted that markets are tougher than in March.

A further challenge, particularly in the north, is higher rents, while arable farmers are looking forward to a ‘good harvest’.

The DBV forecast said: “On average, the respondents gave a value of 3.18 on a scale from 1 to 5 obtained which fails currently significantly worse than in the March survey of 3.09.”

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