After poor harvest results: Expert: No empty shelves despite low harvest
Despite the disappointing crop report from the farmers' association, a market analyst does not expect empty shelves in supermarkets. But how will prices develop?
The German Farmers' Association has reported a disappointing harvest this year due to weeks of heat and little rain, leading to reduced yields in certain crops. However, market analyst Judith Dittrich from the Agricultural Market Information Society (AMI) says that the market will still be supplied and that while some products will be more expensive, there won't be empty shelves or drastic price hikes.
The apple harvest is expected to be smaller than last year's, and prices for cucumbers and potatoes are already rising, but Dittrich doesn't expect significant price increases for bread and baked goods. Food prices have risen by 32.6% over the past five years, but consumers are still buying price-sensitively, with many opting for promotions, cheaper own-brand products, and discounters.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
