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Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Report: Consequences of War in Ukraine Threaten 100,000 Farms in Italy with Closure


Sat 26 Mar 2022 | 06:35 PM
Ahmed Moamar

The Italian National Federation of Farmers Coldiretti has warned that about 100,000 agricultural production enterprises in the country are threatened with closure due to the repercussions of the crisis in Ukraine.

The union said in a recent report that about 11% of agricultural companies have stopped working, while 30% of farms are experiencing losses against the background of high prices and disruptions in global supply chains caused by the Ukraine crisis.

Farmers say, grain producers, from wheat to maize, are the hardest hit by the current situation.

Earlier, US media reported that due to sanctions against Russia and the situation in Ukraine, the prices of food and agricultural products in the United States also remain likely to rise.