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Monday, 30 May 2011

Europe hit by worst drought in 35 years

The worst drought since 1976 has hit Northern Europe, impacting food production in Europe and causing global food prices to rise. The FAO dismissed its hope that the EU might produce 4-5% more wheat and barley than last year. In Luxembourg, Premier Jean-Claude Juncker has declared an agricultural drought crisis. In Germany, crops are curling up and dying. France and Belgium have asked the EU for an advance of funds for agricultural development. French farmers are meanwhile starting to slaughter their animals early and the agricultural lobby demands a reintroduction of a drought tax. Since droughts are also occurring in the US and in China, the FAO fears a resurge of food riots in poor countries. Over the last year, cereal prices have risen by 71%, FAO officials said.

Source: CTA