France: Calm beef trade and stable prices

Large Beef Cattle - Trade activity this last week of the year is reduced, with businesses with little need ahead of year-end inventories. The vast majority of markets were canceled during the holidays, but the supply of slaughterhouses was planned to compensate for the slowdown in trading activity (private or cooperative) also on holidays. Prices are relatively stable, but the big unknown for 2023 will be how quickly and under what conditions the applications of the Egalim law 2 will be implemented, whether in commercial negotiations between manufacturers and distributors, or in contractualisation, which is coming back to the fore, driven by the need to secure the supply of industrial tools. Nevertheless, with regard to the prices currently charged, breeders do not seem in a hurry to enter into this process. Dairy reforms – Demand from supermarkets is reduced between holidays. Manufacturers are preparing for the start of the school year, but they know very well that the promotions ...