🇩🇪 Food shortages in Europe, due to crackdown on farmers?
Metro CEO: "We will experience a situation here in Europe where we have to ensure that we guarantee the security of supply.
If you look at what is being done in Germany, fruit and vegetables and production in Germany, but also in Europe, how this changes and shifts, you have to go in the face of the manufacturers. So that they give us the products.
The availability of food will be the greater challenge in the long run than the price.”
He explained: the livestock in Germany is decreasing, so the company is increasingly buying its pork in Spain. There, however, less citrus fruits are harvested, which leads to a trip to Africa - and increases prices.
Greubel says about the ever-rising price of butter: "Everyone asks themselves: Why are butter prices going up? Because there are fewer cattle and the milk has a lower fat content, because the feed is worse when fertilizing regulations are changed.”
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