Soaring electricity costs threaten French pig farming

Published 2022년 11월 30일

Tridge summary

French pig farms are facing a crisis due to rising energy costs and pig feed prices, leading to a loss of competitiveness and potential relocation of production. The national pork trade association, INAPORC, has called for additional measures to prevent the disappearance of many pig farms. The situation is worsened by excess cost of electricity and a reliance on imported pork. Without action from public authorities and without passing the energy cost increase to consumers, there are fears of a further drop in the price of pork purchased from breeders.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The explosion in energy costs, combined with the sharp rise in the price of pig feed, further weakens French pig farms. The national pork trade association (INAPORC) recognizes that "the energy aid plan proposed by France is a first positive signal", but that it is "absolutely not commensurate with the economic impact" suffered by the sector, and calls on the public authorities to take additional measures to prevent the disappearance of many pig farms.Excess cost of electricityINAPORC warns of France's loss of competitiveness against the main European countries producing pork and charcuterie which, them, have already put in place energy shields: "Germany thus announces a cap on the price of electricity at 130 €/MWh (megawatt hour), Spain and Portugal have already recorded 200 € /MWh while several French companies had to buy their electricity at more than €500/MWh", indicates a press release from the Interprofession, published on November 21. The French operators having contracted ...
Source: Pleinchamp

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