Food price fears after Europe’s heatwave destroys estimated €2bn of crops
Record June temperatures expected to cut grain harvest by 9m tonnes to its lowest level since 2018
The heatwave that swept across Europe in June is estimated to have cost the continent’s grain farmers €2bn (£1.7bn) in lost revenue and destroyed 9m tonnes of crops, sparking concern about the impact on the price of food.
Coceral, the European cereals and oilseeds trade association, made the estimate for the harvest of crops such as wheat, barley, maize and oats following the heatwave.
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