Production of Grana Padano in Italy will not reduce by 1% in 2021

Published 2021년 2월 24일

Tridge summary

The Consortium for the protection of Grana Padano cheese announced that it will not be necessary to reduce cheese production by 1% in 2021, as previously planned, due to a balance between supply and market demand. This decision, which needs to be ratified in the next shareholders' meeting, indicates a continued growth for the industry. However, the president, Renato Zaghini, cautions that your home consumption bubble is expected to burst post-pandemic, which could impact the industry. The Consortium also supports a project to pulverize excess milk in Northern Italy, but is not involved in the management of the sprayer, and aims to support milk producers and dairies involved in the project.

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

Original content

The board of directors of the Consortium for the protection of Grana Padano recently resolved that there will be no need to reduce cheese production by 1% in 2021, in addition to the 3% production decline established for 2020 (half of which can be postponed to 2021), to keep supply in balance with market demand. The decision will naturally have to be ratified by the shareholders' meeting next April. «We continue to grow in a balanced way also in 2021 - stated the president of the protection consortium, Renato Zaghini - however, it will be necessary to continue to plan the offer correctly in order not to exceed the balance point set by the production plan. We can continue to grow, and I am also speaking as president of a dairy, but it will be difficult this year to achieve the same results as in 2020. The home consumption bubble is destined to deflate, once the pandemic emergency from Covid-19 is overcome, with the resumption of life outside the home, probably starting from the ...

Source: InformateAgrario