France: The rise in the price of milk is neutralized

Published 2022년 3월 22일

Tridge summary

The article highlights the impact of the Russian invasion of Ukraine on the agricultural sector, with a focus on the European cattle, milk, sheep, and goat markets. It notes a surge in charges and prices, leading to a decrease in supply for bovine meat. Despite milk production remaining slow in main surplus basins, the increase in dairy commodity prices has not revived dairy production. The UK and Ireland are expanding sheep meat supply, while goat's milk collection has resumed but with uncertain demand, processors have limited supplies. The article is written in the form of an interview with Marion Cassagnou, Head of economic situation project at the Institut de l'Elevage.

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Original content

Interview with Marion Cassagnou, Head of economic situation project at the Institut de l'Elevage Bovine meat: Soaring charges, rising prices, reduced supply The winds of panic in the grain and energy markets since the start of the Russian invasion of Ukraine have caused charges to soar, which had already been rising sharply in recent months. It is in the southern European countries that fatteners are most worried, particularly in Spain. The prices of lean cattle (calves and weanlings) are still trending upwards due to the drop in supply. Fed cattle prices are still rising across Europe in response to limited supply and soaring loads. In Poland, the depreciation of the zloty linked to the Ukrainian context limits the rise in euros. Cow milk : Increase in the price of milk neutralized by the increase in charges Milk production remains slow in the main surplus basins where the production of milk powder and butter is mechanically reduced and below international demand. The surge in ...

Source: Pleinchamp