Germany: Drought Related Production Losses Set to Push Imports
The drought has heavily affected grain, rapeseed and forage production in Germany. As a result, Germany is expected to strongly increase imports of soybeans/soybean meal and to become a net grain importer. The US is set to become top source of soybeans to Germany. The drought was officially declared, “a weather incident of national extent,” enabling the Government to award financial support for over 10,000 farms in Germany.
Germany: Drought Related Production Losses Set to Push Imports