German Statistics Agency Says Meat Prices To Rise Next Year

by 5m Editor
19 September 2007, at 10:37am

GERMANY - German consumers will see the price of meat rise next year after grain became more expensive on rising demand from abroad, said Dietmar Weiss of German statistics agency ZMP.

The probability is very large,' he said.

Germans this summer saw the price of milk and bread rise, which the GfK market research institute attributed to higher demand from China as well as an increasing move to use land for the cultivation of alternative fuel products.

EU agriculture commissioner Mariann Fischer Boel has said she expects a massive increase in pork and poultry prices as farmers have to pay more to feed their livestock.

Source: Forbes

5m Editor