Agriculture: Falling beer consumption and heat: hop growers in a permanent crisis
The beer owes its taste to the hops. German growers are leaders in the world market, but the prospects are unpleasant.
Germany's hop farmers are facing significant financial difficulties due to declining global beer consumption. This year, they are expected to earn 80-100 million euros less than usual, with total revenues of around 300 million euros. The decline is attributed to worldwide overcapacity in hop production, exacerbated by heat and a decrease in cultivated area. Germany, the world's largest hop producer, is expected to harvest around 33,800 tons of hop, 17% less than last year.
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.
