French goose liver could become ten percent more expensive

Published Apr 28, 2021

Tridge summary

French goose liver producers are set to increase the price by 10% due to rising cereal prices for duck feed and increased packaging costs. The pandemic's impact on the industry, including the closure of restaurants, the largest market, and bird flu outbreaks leading to the culling of 3.5 million poultry, have also contributed to the increased costs. Grain prices have surged due to concerns about global supply shrinkage, and the French poultry feed index rose by 22% in the first three months of the year. The price increase will affect both domestic and international markets, including France's largest consumer, the United States.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

French goose liver is likely to become more expensive next year as producers try to pass on a 10 per cent increase in costs to consumers. There has been a rise in prices, especially for cereals, which make up the bulk of duck feed, the CIFOG producer group said. Producers of the gourmet pleasure commodity, goose liver, were also severely affected by the closure of restaurants and hospitality, i.e. their largest markets, in connection with the pandemic caused by the corona virus, but they also felt an outbreak of bird flu. The latter has led to the culling of a total of 3.5 million poultry, mainly ducks. Grain prices have soared in recent months due to concerns about shrinking global supplies, with U.S. corn futures rising to their highest level since Monday, June 2013, for example. In the first three months of the year, the French index of poultry feed rose by 22 percent. Higher costs also include packaging prices, which are linked to increased demand for metal, cardboard and ...
Source: AgroForum

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