Italian Farmers Face Crisis As Ukraine War Sees Animal Feed, Fuel, Fertiliser Prices Surge

True Pundit April 14, 2022

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Italian dairy farmers are the latest in the European agri-sector to report an impending crisis as the costs of energy, animal feed and other necessities are slashing margins and profits, and may force some farmers out of business entirely.

The renewed invasion of Ukraine by Russia has led to a surge in prices for many key products in Italy. Prominent among them is energy; Italy relies on around half of its imported gas from Russia and the effect of high prices are having a pronounced influence on Italian businesses.

A growing number of Italian dairy farmers are now facing a crisis over the surge in prices of energy, such as electricity and diesel, and rises in various kinds of animal feed such as corn for their cattle.

The Italian Institute of Services for the Agricultural Food Market (ISMEA) has reported that some farmers and dairy producers may be forced to close as a result of the increasing prices, Il Giornale reports. – READ MORE

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