Switzerland: Switzerland's farmers are facing drought losses that could exceed the 500 million Swiss francs (USD614 million) recorded in 2003 as heat and dry conditions affect the entire country, according to the head of the Swiss Farmers' Union.

According to Philippines News Agency, Union President Markus Ritter described the situation as "exceptional," emphasizing that the soil was already suffering from a water deficit at the start of the summer. Swissinfo reported on Friday, citing an interview with CH Media, that Ritter remarked, "I have personally never experienced a drought like this before."

The outlook is particularly grim for crops such as potatoes and sugar beet, with maize yields also expected to decline. Wheat and barley have shown some resilience because much of these crops had developed before the drought and were successfully harvested, as indicated by the report.

Retailers have expressed readiness to absorb some of the additional costs caused by the drought, though the agricultural sector is likely to shoulder the majority of the financial burden. "There will be negotiations," Ritter stated, highlighting ongoing discussions.

Livestock farmers are experiencing significant pressure due to feed shortages, with many resorting to using supplies earmarked for winter. Additionally, hay prices have surged by as much as 50 percent.

Despite these challenges, Ritter dismissed calls for a state of emergency, emphasizing the importance of remaining calm. "The most important thing is not to panic," he advised.

He also noted that the farmers' association is maintaining close communication with the government. Measures being implemented include airlifting water to certain Alpine pastures and waiving customs duties on imported feed.