European market prices for milk, pork and wheat as well as for fruits and vegetables dropped significantly. The DBV calculated the total losses resulting from lower prices to be in the region of "more than 3 billion euros" ($3.3 billion) for German farmers.This was partly due to better harvests elsewhere in Europe, the DBV said, but also caused by a Russian import embargo. DBV said the import ban had cost German farmers between 600 million and 700 million euros in lost revenues this year. Looking ahead, Rukewied said that he expected German farmers to cut investments in new crops in the second half of 2015 to 4 billion euros from 6 billion euros in the same period last year.http://www.dw.com/en/german-farmers-hit-by-drought-russia-food-ban/a-18656285