The drought in many regions of the European Union and Eastern Europe has caused significant damage to wheat, maize and barley crops, reports Food Ingredients First.
Weather conditions are affecting the quality of the wheat as well as its quantity; because of the drought, the failing number is unusually high. There have been reports that the governments of drought-hit German, Swedish, Finnish, Lithuanian and Danish farmers are considering special aid packages.
According to the Food and Agriculture Organization of the United Nations (FAO), prices of these crops could remain under upward pressure.
Although the agency believes that the overall effects of the recent droughts are not yet alarming, there may be a need for alternative solutions if the cost of these ingredients continues to rise.