Germans to Face Higher Meat and Dairy Prices as War Boosts Costs
- Farming costs soar as energy and fertilizer jump, union says
- Prices to jump in June after renewal of half-year contracts
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German consumers should expect to pay more for dairy produce and meat as production costs hit “extraordinary” levels, according to the country’s farmers union.
Moscow’s invasion of Ukraine has boosted key input costs such as fertilizer, which has tripled in price in Germany. Natural gas has also spiked and is starting to feed through into the prices charged in Germany’s food chain. Further jumps are likely in June as half-year contracts between food processors and retailers are renewed, said Udo Hemmerling, deputy secretary general at farmers union DBV.