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Agricultural companies affected by drought

Current Sector Profile (German version)

The Agriculture and Food Industry has suffered huge economic upheaval caused by the heat wave in summer 2018. According to the German Farmers’ Association (DBV), it was the “worst harvest of the century”.  The government has provided financial support to farmers whilst prices for agricultural products have increased significantly. What is the impact of these actions and the next steps? Find out more in our industry update: