Beef, high costs for farmers and declining consumption affected by inflation in Italy

Published 2022년 12월 20일

Tridge summary

The Italian beef sector is grappling with challenges such as the need for sustainable and quality production, rising costs, and declining large-scale distribution purchases due to inflation, dietary changes, and competition from alternative proteins. These challenges are causing concern for farmers, with many unsure of the economic future. There is interest in rebuilding the Italian supply chain to provide certainty and transparent pricing, but challenges such as disease outbreaks in Sardinia and Sicily, and regional autonomy issues, are causing additional difficulties.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A quality and sustainable production that allows prices to be kept at a profitable level for farmers and compliance with increasingly stringent environmental regulations is the challenge that the beef sector must face in order to overcome the current critical phase. On the one hand there are the high costs - from feed to energy, which have risen rapidly and have now been a thorn in the side for many months - which are not compensated by price increases (which have also given the sector some relief). On the other hand, purchases in Italy, at least those in large-scale distribution, are decreasing: the main cause is inflation which forces families to choose cheaper alternatives, but if the time span extends, there are also changes of dietary habits, the competition from plant-based protein products, and, on the horizon, the threat of "test-tube meat" that has just cleared customs in the USA. The latest snapshot of the sector was taken by Ismea, according to whom "farmers' ...

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