France: Record costs in milk and meat that are not always offset by price

Published 2021년 6월 8일

Tridge summary

Record production costs for ruminant meat and milk in France and across Europe are driving significant challenges for the agricultural sector. The surge in costs, particularly for animal feed due to increased prices in cereals and soybeans, is compounded by rises in energy and fertilizer prices. These increased production costs have outpaced the rise in sale prices for some livestock, such as lambs and beef, while conventional milk and organic milk prices have seen decreases despite the higher production costs. The situation is further complicated by lower prices for calves and concerns over the sustainability of veal prices to cover production costs. These factors have led to changes in milk collection, with only sheep's milk and organic cow's milk seeing increases, while goat milk and cow's milk collections have declined.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ruminant meat and milk production costs have risen sharply this year across Europe. In France, costs have risen so much that they have reached record figures, according to FranceAgrimer. The main cost is that of animal feed. The prices of cereals and cakes on the French market have been on an upward trend since the summer of 2020. In France, the price of cereals (wheat, barley, corn) increased by around 24% between August 2020 and April 2021. Brazilian soybean cake, for its part, increased by more than 37% and German rapeseed cake by almost 34%. After a fall in March, oilseed cake prices began to rise again in April. Likewise, the price difference between GM and non-GM soy increased from an average of € 95 / t from July 2020 to December 2020 to € 157 / t at the beginning of April 2021, in a context of insufficient global supply. Even in May there is talk of spreads of € 300 / t. India, the main supplier of non-transgenic soybeans, could delay the commercialization of its next crop ...

Source: Agrodigital