Beer price shock: Farmers warn of an extremely bad harvest in Germany

Published 2023년 7월 12일

Tridge summary

Germany is at risk of a beer price shock due to a poor malting barley harvest, which has been exacerbated by changing weather conditions linked to climate change. The lack of rain in May and June has caused significant damage to the barley, leading to a smaller harvest and potentially lower quality. The situation is expected to worsen, and the price of beer may continue to rise, with the hope that at least current prices will remain stable.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

There is now a risk of a beer price shock in Germany due to a very poor malting barley harvest. Farmers and the Bavarian Brewers Association warn that there is a risk of a worsening of the supply situation. The price of beer may continue to rise in the near future, due to this year's very poor beer barley harvest. According to the Bavarian Brewers' Association, changing weather conditions as part of climate change are also to blame for the developments. According to Walter König, managing director of the Association of Bavarian Brewers, the five-week period without rain in May and June caused extraordinary damage to the barley. This is now clearly visible everywhere in the fields. He explained that it is a fact that this year's harvest will be smaller than usual, and the quality may change in the next two or three weeks. Not too hot weather and some rain would also be ideal for the grain yield to take a positive turn and at least somewhat compensate for the disadvantages caused by ...
Source: AgroForum

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