#1 out of 1
business1d ago
Germany's farms are failing despite high food prices
- Germany's Green Week event highlights that many small and mid-sized farms are disappearing due to market pressures.
- Dominance of four large supermarket chains is seen as squeezing farmers on prices and margins.
- Rising living costs are reported to be most noticeable in food prices by the German public.
- The Mercosur deal could undermine the EU's environmental and animal welfare standards.
- A 'food basket' proposal aims to lower prices for key staples, though some critics doubt its effectiveness.
- Eastern Germany shows farm numbers rising, unlike declines in other states.
- Global supply chains and Russia's war in Ukraine are cited as factors making prices volatile.
- The German Monopolies Commission notes rising power of retailers and farmers' exposure to global market risks.
- The Green Week fair runs in Berlin, highlighting trends, sustainability, and innovations in food.
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