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Al Mayadeen's correspondent: Israeli warplanes renewed their raids on the Mahmoudiya and Jarmaq areas
Al Mayadeen's correspondent: Israeli warplanes launched a series of raids targeting the Mahmoudiya and Jarmaq areas
Eslami: The competent authorities are preparing a technical report to assess the extent of the damage inflicted on nuclear facilities during the aggression against Iran
Head of the Atomic Energy Organization of Iran, Mohammad Eslami: Iran will pursue its nuclear program in line with the country's scientific and developmental needs
Israeli media: Israeli commando forces conduct airdrops in two locations in the Damascus countryside.
Israeli media platform: Israeli army forces carry out a commando operation in the al-Kiswah area of the Damascus countryside.
Syrian media outlets: Israeli helicopters flying at low altitude over Tal Mani in the Damascus countryside.
Israeli media platform: Israeli aircraft bomb Syrian bases simultaneously with tanks entering the southern outskirts of Damascus.
Israeli media: Israeli forces infiltrated the town of Beit Jann south of Damascus, and a new airstrike hit al-Kiswah.
Syrian media: Four Israeli helicopters have touched down in the southern city of Sweida.

100,000 Italian farms at risk of closure due to EU sanctions

  • By Al Mayadeen Net
  • Source: Agencies
  • 27 Mar 2022 09:32
  • 3 Shares
2 Min Read

Data shows that Italian agro-producers are unable to keep up with rising production costs in light of the war in Ukraine.

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  • Prices for nearly every raw material used by agro-producers have risen.
    Prices for nearly every raw material used by agro-producers have risen.

Major farming association Coldiretti said in a report this week that almost 100,000 Italian farms are on the verge of closing due to skyrocketing production costs caused by the war in Ukraine.

Growing production costs far outweigh what farmers and breeders are paid for their products, which range from milk to fruit, meat, and vegetables, the report added.

Furthermore, Coldiretti detailed, citing data from the Italian agricultural research organization Crea, that more than one farm in ten (11%) is on the verge of closure, and roughly one-third of the nation's total (30%) is working in conditions of negative profits.

The group observes that prices for nearly every raw material used by agro-producers have risen, including energy, diesel, fertilizers, animal feed, and seeds.

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Another issue is the discrepancy between the final price of products and what farmers receive after transportation and processing. 

Only 6 to 15 cents of every euro spent by consumers on food products goes to farmers. Bread, for example, is now nearly 13 times the price of wheat, according to Coldiretti.

See more: The global wheat supply crisis

The association offers no solutions to the problem but paints a bleak picture in which farm closures reduce crop yields and force the country to rely even more on agricultural imports.

It is worth mentioning that Italy already imports 64% of its grain, as well as 49% of its beef and 38% of its pork. 

Italy also imports more than half of the corn crops and one-third of the soy crops needed for animal nutrition, as analysts predict that these figures will soon skyrocket.

  • EU
  • farms
  • Agriculture
  • Ukraine
  • Price Hikes
  • Italian agro-producers
  • Itlay
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Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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