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German Farmers Optimistic for Average Harvest After Timely Rainfall

Bauernpräsident Joachim Rukwied cautions that low grain prices coupled with high production costs leave farmers reliant on favorable summer weather.

Overview

  • Late May and June rains have largely offset a dry spring and raised prospects for a harvest in line with seasonal averages.
  • Rukwied warns that final yields of potatoes, sugar beets, maize and soybeans will hinge on weather patterns in July and August.
  • Grain prices have fallen to multiyear lows even as energy, fertilizer and crop protection expenses remain elevated, straining arable farmers.
  • Milk production and cattle farming show signs of stabilization and modest growth, whereas the pig sector remains broadly flat.
  • German winegrowers confront a deepening crisis with falling domestic consumption, rising foreign competition and the uprooting of vineyard acreage.