Improving Pork Market Boosts Mood of German Farmers

16 July 2014, at 7:56am

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.

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, which means that the current situation is significantly worse than in the March survey, with a score of 3.09.”

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