German Farm Economics 'Significantly Worse' than March

GERMANY – German agriculture is suffering from a downturn in grain, dairy and cattle prices, while a drop in input costs and improving pork markets are benefiting some producers.
calendar icon 15 July 2014
clock icon 1 minute read

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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