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Sunday, 8 November 2026

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Food price fears after Europe’s heatwave destroys estimated €2bn of crops

National Trade News capital-markets note (2026-07-22): The heatwave that swept across Europe in June is estimated to have cost the continent’s grain farmers €2bn (£1.7bn) in lost revenue and destroyed 9m tonnes of… Primary source: original at The Guardian (theguardian.com).

· The Guardian

Food price fears after Europe’s heatwave destroys estimated €2bn of crops

The heatwave that swept across Europe in June is estimated to have cost the continent’s grain farmers €2bn (£1.7bn) in lost revenue and destroyed 9m tonnes of crops, sparking concern about the impact on the price of food.

Coceral, the European cereals and oilseeds trade association, made the estimate for the harvest of crops such as wheat, barley, maize and oats following the heatwave.

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