Ongoing drought could keep food prices in Spain high, warns agriculture expert

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Ongoing drought could keep food prices in Spain high, warns agriculture expert

STORY: Ongoing drought could keep food prices in Spain high, warns agriculture expert DATELINE: May 3, 2023 LENGTH: 00:01:25 LOCATION: BARCELONA, Spain CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (Catalan): JAUME BERNIS, Spokesman of the Coordinator of Farmers and Ranchers Organizations (COAG) STORYLINE: The severe and historic drought affecting Spain could mean that food prices will remain high, an expert in agriculture and spokesman for a major Spanish farming association told Xinhua on Monday. SOUNDBITE (Catalan): JAUME BERNIS, Spokesman of the Coordinator of Farmers and Ranchers Organizations (COAG) "If there's a lack of homegrown products due to drought, they will have to be brought in from abroad at prices that are higher than those produced here, which means the prices the consumer pays for these products will remain high or even rise. The cost of grain is falling, energy cost is falling, while fertilizers are not going down, which could be a first sign that the cost of food could begin to fall. The r

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