Farmers have to substitute lack of pasture with hay and cereals, all of which is expensive and not catered for in annual budgets: winter is generally the time of ample pasture

Cost of fertilizers triples in 12 months

Fertilizers, cereals, fuel: the list of price hikes seems to be growing by the day, just as Portugal is in a state of ‘severe’ or ‘elevated’ drought. Where will it end, ask news channels. There is no answer: “the effects of the war in Ukraine are aggravating the costs of production in agriculture and livestock, already penalised by the situation of drought”, says SIC. Rain on the horizon is unlikely to make much difference. The bottom line is that “increased costs of agricultural production will be reflected in sale prices to the consumer”: 2022, this far, is going from bad to worse…