AGP Executive Report
Last update: 10 hours agoDrought-hit grain outlook: Germany’s grain harvest is expected to drop as heat and drought bite, with the German Farmers’ Association warning of lower yields and rising food-price fears. Waterway pressure: Rhine levels remain near record lows, with the Kaub gauge up slightly but still disrupting inland transport and production, while forecasts suggest it could take weeks to recover. EU food price risk: Oxford Economics projects global food prices up sharply this year, pointing to crop damage plus higher energy and fertiliser costs, with Germany’s harvest forecast falling again. Agri-tech funding: Germany’s Computomics secured €6.3m to help crop breeders develop heat- and drought-resilient varieties. Aquaculture investment: Oceanloop, a German aquaculture technology firm, is scaling up with major funding to produce giant grouper in Europe. Farming and climate stress: Across Europe, heat and drought are also worsening river shrinkage and broader economic strain, feeding into tighter supply and higher costs.
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