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Ukraine-News: Farmers' Union warns - "Bread could soon cost ten euros"

2022-03-25T11:23:44.458Z


Ukraine-News: Farmers' Union warns - "Bread could soon cost ten euros" Created: 03/25/2022, 12:14 p.m By: Patricia Huber Rising grain and energy costs are forcing bakers to raise their prices. © Martin Schutt/dpa Shopping at the bakery is becoming more and more expensive. But the end of inflation is not yet in sight. Rendsburg/Munich - More and more products are becoming more expensive. On th


Ukraine-News: Farmers' Union warns - "Bread could soon cost ten euros"

Created: 03/25/2022, 12:14 p.m

By: Patricia Huber

Rising grain and energy costs are forcing bakers to raise their prices.

© Martin Schutt/dpa

Shopping at the bakery is becoming more and more expensive.

But the end of inflation is not yet in sight.

Rendsburg/Munich - More and more products are becoming more expensive.

On the one hand, this is due to the high energy prices and, on the other hand, to the consequences of the Ukraine war*.

As a result, with Russia and the Ukraine, two enormously important countries for raw material deliveries are missing.

Wheat in particular was grown there in large quantities and exported.

Ukraine-News: Wheat price a third more expensive than three months ago

A number of bakeries have already increased their prices for bread, rolls and other baked goods.

Heinrich Traublinger from the state guild association for the Bavarian bakery trade has already made it clear that the individual companies will definitely have to recalculate their prices.

In the past three months, the price of wheat has increased by around a third.

And wheat is probably the most important raw material for every bakery.

The Vice-President of the Schleswig-Holstein Farmers' Association, Klaus-Peter Lucht, made it clear with a clear statement how much the situation could soon affect prices for consumers.

Compared to the

image

, he says: "Bread could soon cost ten euros."

The rising food prices in Germany are extremely burdensome for many consumers, but in some countries there is a risk of insufficient food supplies due to the war in Ukraine.

Because more than half of the food that the World Food Program of the United Nations (WFP) distributes in crisis regions, according to its own information, comes from Ukraine.

Ukraine-News: Wheat crisis in Africa and West Asia - "Social stability depends on the price of bread"

“Putin's* war is not only wreaking untold suffering on Ukraine.

The effects will be felt well beyond the region's borders,” said WFP Germany Director Martin Frick.

The WFP is active in more than 80 countries.

Almost 280 million people are already affected by acute hunger.

The world cannot afford another conflict.

Wheat imports are of great importance for countries in Africa and West Asia.

For example, the cost of food was an important factor in the so-called Arab Spring, a series of mass protests.

"Social stability in these countries depends on the price of bread," explains Martin Banse, agricultural expert and head of the Thünen Institute for Market Analysis.

Egypt - with more than 100 million inhabitants the most populous country in the Arab world - imports a large part of its wheat from Russia and Ukraine.

The same applies to Tunisia.

Poor people in particular there are in dire need of bread.

Experts in Tunisia are already warning of sharp price increases due to the war.

In the future, grain could come from Argentina or Romania, for example - but it is unclear whether that will be enough.

Other countries in West Asia face similar problems.

(ph/dpa) *Merkur.de is an offer from IPPEN.MEDIA.

Source: merkur

All news articles on 2022-03-25

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