Consumers

Germany faces ‘severe potato shortage’ and increase in consumer prices

Germany faces a severe potato shortage as a consequence of unusually hot and dry weather this summer, the German Farming Society (DLG) warned on Wednesday. “We are expecting one of the smallest potato harvests of all times in Germany”, Martin Umhau, a member of the DLG supervisory board, told the German press agency (dpa). According to Umhau, an anticipated fall in potato yields from 11.7 million tons in 2017 to 8.5 million tons in 2018 could hereby lead to an increase in consumer prices by up to 30 percent. Umhau was speaking ahead of the start of PotatoEurope 2018 in Germany this past Wednesday. Potato farmers are one of several agricultural sectors in the country who said they face the prospect of widespread crop failures due to the hot and dry summer. Federal and state-level governments announced that they would set aside 340 million euros (394 million U.S. dollars) in financial aid for farmers who suffered particularly heavy losses. Read more