France: The French Inter-Profession of Starch Potatoes (GIPT) demands for aid of €500/ha for starch potatoes

Published 2023년 1월 25일

Tridge summary

The French Inter-Profession of Starch Potatoes (GIPT) is seeking financial aid of €500/ha to compensate for the challenges faced by the sector, including low starch prices, adverse weather conditions, increased production costs due to the Ukraine war, and competition with other crops. The aid would amount to an annual budget of 8 to 9 million euros for the next two years. The sector's appeal comes in response to a significant drop in planting figures, from 23,055 ha in 2021 to 20,270 ha in 2022, with an anticipated further decrease to 15,500 ha by 2024. This decline in production is expected to threaten the operation of both remaining starch factories in France, Tereos and Roquette frères.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The French Inter-Profession of Starch Potatoes (GIPT) demands aid of €500/ha of starch potatoes, which would mean a budget of 8 to 9 million euros per year for 2023 and 2024. They recall that this type of aid had been granted to the sector in 2014 when it was going through a situation similar to the one it is now. The sector is affected by a drop in starch prices due to the Covid crisis, low yields due to unfavorable weather, increased production costs linked to the war in Ukraine, competition with more profitable crops such as cereals... Consequently, the current situation makes the production of starch potatoes less attractive and more risky, despite the contract price increases announced by the two factories that continue to operate in France, Tereos and Roquette frères. The planting figures attest ...
Source: Agrodigital

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