farmers

Dutch farmers and growers saw their product prices drop by over 10% in the first quarter of the year compared to last year, driven by a 40% plunge in potato prices due to a bumper harvest and falling global demand for chips. According to Statistics Netherlands (CBS), prices for milk, eggs, fruit, and grains also fell significantly, even as production costs for fertilisers and veterinary fees rose. Although energy costs were initially lower during the quarter, the farming group LTO warned that the subsequent outbreak of war involving Iran has since sent global fuel prices soaring, prompting calls for government support to prevent rising costs from hitting food affordability.