Date: a month ago   Category: Financial

Latvia has assessed damages from a drought


Latvia has assessed damages from a drought
All European Union countries have to provide till August 30 in EC information on the current situation in agriculture and consequences of a drought. Losses of the Latvian farmers from a long drought this summer, according to preliminary data, make 359 million euros. As they say in the formal notice of Minzemledeliya of the country of the European Commission, the extent of damage will be specified in the fall. All European Union countries have to provide till August 30 in EC information on the current situation in agriculture and consequences of a drought. Because of a long drought in the spring and at the beginning of summer development of crops has lingered on all territory of Latvia. In particular, by Sena this year it is collected 54% less, than on average for the last 3 years, at the same time his quality is worse. Therefore additional expenses on preparation of forages this year can make 100,5 million euros that is 80% more, than in the previous three years on average. According to Minzemledeliya's forecasts, income from realization of grain and colza this year can appear for 137,2 million euros, or for 27%, less in comparison with average income for three previous years. Income from realization of fruit, berries, vegetables and potatoes can drop by 28,4 million euros (for 44%). The damage to the woods because of the fires which have been caused by a drought is estimated at 92,9 million euros. Earlier it was reported that farmers of Germany in connection with a large-scale drought can count on compensation from the authorities. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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