Germany

German poultry producers ask for higher purchase prices

Poultry

Feeding costs have increased due to the drought present in Northern Europe and analysts are talking about a catastrophic situation.

Posted on Aug 07 ,11:12

German poultry producers ask for higher purchase prices

German poultry producers are requesting a higher purchase price from the retailers as the feeding prices have gone up. "The significant rise in animal feed prices in past weeks has brought German poultry farmers into great difficulty. Prices for wheat, a central component of chicken and turkey feed, is currently about 25% over last year’s level, with a rising trend.
We call on the food retail sector to increase their purchase price. And consumers should be willing to pay more for poultry meat", said German producer association ZDG in a statement. Cereal production in the country is expected to drop by 25%, according to Poultry World magazine.
At the same time, the situation is described as "catastrophic" for the whole of Northern Europe. The forecast for soft wheat in the EU it was cut by 130 million tonnes, which represents a six-year low. Predictions regarding cereal production are ranging from a drop of 40% in Sweden to a five year low in the UK.

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