Feta cheese prices may rise due to the effects of Cyclone Daniel in Greece
Feta Cheese
Dairy
Greece
Sustainability & Environmental Impact
Market & Price Trends
Published Oct 3, 2023
Tridge summary
Flooding caused by Storm Daniel in Greece has led to the death of thousands of animals that provide milk for feta cheese production, causing a potential shortage and potential rise in prices. The production of animal feed has been heavily impacted by the floods, further exacerbating the situation. The damage to the livestock industry in Greece is estimated to be in the millions of euros.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Feta cheese prices may rise due to flooding in Greece caused by Storm Daniel. Thousands of animals that provided milk for the production of this product have died, and the production of feed for the remaining ones has been suspended, the Financial Times (FT) newspaper wrote. “Crops and factories producing animal feed are flooded,” the owner of the feta company Nikolaos Bizios Bizios Dairy Industry told the publication. He pointed out that cheese prices could jump if the cost of animal feed increases. According to the publication, approximately 80 thousand goats and sheep died as a result of floods in September in the Thessaly region, which supplies milk to about 40% of Greek soft cheese producers. It is extremely difficult to save the remaining livestock due to high water levels, and the animals do not have enough food, notes the Financial Times. “In the near future, producers will face a dilemma as milk production decreases and they will have to choose where to send their ...
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