:. Food Industry News


Dutch Organic Food, Flower Exports Hit by Crisis

Source: Reuters
20/03/2009

The Hague, March 20 - Dutch agricultural exports could fall 10 to 15 percent in the first quarter of 2009, as the economic downturn cuts demand for flowers and organic food in particular, the head of the Dutch farmers union said on Friday.

Daily News Alerts

Prices of roses, wheat and milk have plummeted at the start of the year but could improve in the second half of 2009 when demand may start to recover while supply has fallen, Albert Jan Maat, head of the LTO Netherlands union, said.

And if economies do start to stabilise by 2010, there is a high risk of a new food crisis, which farmers need to prepare for by developing intensive but sustainable agriculture and by setting up strategic reserves, Maat said.

"Dutch farming is a big export sector, so we are very much involved in what's happening in the world economy," Maat said in an interview.

"Flowers especially are hit by the crisis. In the Netherlands, they are part of the culture. But in Great Britain, Germany and Belgium they are more or less a luxury good and that's a problem at the moment."

He said flower prices had dropped between 20 to 50 percent on the year, and prices in the meat, dairy, and organic food sectors were also hit as the strong euro weighed on exports.

The Netherlands exports about 60 percent of its agricultural products, Maat said, with Germany, Belgium and Britain the top destinations. It dominates the world market in flowers, eggs and pigs, according to OECD data.

Maat said he estimated the value of Dutch agricultural exports had declined by between 10 to 15 percent in the first few months of 2009.

Overall Dutch exports are seen falling 11.75 percent in 2009, while the economy is set to contract by 3.5 percent this year, government think tank CPB said on Tuesday..

Maat said to support the farming sector the government should keep exports flowing by guaranteeing export insurances, and by ensuring taxes favour small and medium sized firms.

NEW FOOD CRISIS

Agriculture and the sectors closely linked to it such as the food industry make up about 10 percent of Dutch GDP, based on OECD data.

Maat said that as economies recovered, renewed energy and commodity shortages were likely to lead to another period of high food prices.

"We believe there will be a new situation of more demand but less supply starting in the second half of 2009," said Maat.

"If there is a stabilisation in 2010 we will have a new situation of food shortages," he said, adding a proposal by farmers unions from the Group of Eight (G8) industrialised nations to set up a world grain reserve was a "step in the right direction" for preparing for another food crisis.

"There will be a new food crisis and even in European agriculture we need to discuss about the strategic position for cereals, wheat and maybe for dairy products."

"Food is a different commodity to cars or televisions. You can still have a good life if you don't have a car or a television. But food is life: you have to eat every day."



GO   View more articles on this subject


More Alerts from 23/03/2009


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
FrieslandCampina Announces Progress on Sale of Cheese...
Further Decline in Raw Milk Prices Feeds Through in...
FrieslandCampina Becomes Royal FrieslandCampina
EC Approves Merger between Friesland Foods and Campina...
Commission Investigates Aid Granted to Farm Dairy Flevoland...
Rabobank Report Predicts Healthy Outlook for Brazil's...
Dutch Milk Producers Block DOC Kaas Cheese Plant
Dutch Dairy Farmers Protest Over Low Milk Prices
Manitoba Harvest Hemp Foods Expands with New Facility...
US: ConAgra Foods Buys Family-Owned Food Processing...

More in Food Industry News
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
Brenntag Changes 2.5 Bln Euro Loan to Allow IPO
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Ferrero, Hershey Would Likely Break up Cadbury
Indonesia's Astra Agro Revises Up CPO Forecast
Cocoa Supplier Olam to Benefit from Consolidation Among...

Top Headlines
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Cocoa Supplier Olam to Benefit from Consolidation Among...
Avebe and National Starch Food Innovation to Expand...
Auchan Backs Hypermarkets as Rivals Rethink
Ferrero Could Eye Cadbury Gum, Candy Unit
Dole Food Posts Wider Q3 Loss
Fonterra Sells Stake in UK Joint Venture to Arla
Imperial Sugar Company Closes Three-Way Joint Venture...
PepsiCo to Invest $100 Million in Egypt in 2010
Ex-Parmalat Auditors Settle US Investor Lawsuit
Tesco in Broadband Push as Reaches Beyond Groceries
India Sugar Protest Forces Parliament to Shut
Kerry Group Keeps Full Year Earnings Growth Forecast
Nestle Professional to Acquire Vitality Foodservice
Pinnacle Foods Acquires Birds Eye Foods for USD 1.3...
DSM Makes Great Strides in Production Processes for...
Russian Grocer X5 Plans Higher 2010 Capex
Brazil: Laep in Talks to Sell Dairy Plant to Nestle
SunOpta Announces Opening of Natural and Organic Sesame...
Products Comprising, and Uses of, Decarboxylated Phenolic...
Process for the Preparation of Packaged Heat-Preserved...


 


FLEXNEWS 2009 - All rights reserved
ISSN 1950-6228