Production reduction in France and throughout Europe

Published 2021년 6월 18일

Tridge summary

The global surge in raw material prices, including food products like wheat and corn, is causing an imbalance due to slowed production and rapid recovery from the covid pandemic. This demand inflation is led by China and the United States, with some countries like Argentina halting meat exports to feed their populations. In Europe, the poultry, pork, milk production sectors are particularly affected. The decline in the number of cattle in France and Europe due to low remuneration for farmers is also contributing to the supply deficit. The article suggests that a better valuation of milk could boost production and worsen the supply deficit. Despite the scarcity of supply, trade relations have improved since 2012, maintaining commercial activity.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

With the global resumption of activity severely disrupted by the covid pandemic, we are witnessing a surge in the prices of many raw materials (wood, metals, etc.). These surges are due to the imbalance created by production that had been slowed down and a rapid recovery in activity. Many sectors are affected by the scarcity of basic products generated by an appetite that seems limitless of the great powers such as China and the United States. This demand inflation is also felt on food products with wheat or corn reaching record prices. In terms of meat, some countries like Argentina have closed their exports for a month in order to be able to feed the population in the face of soaring tariffs. At the European level, the increase in food costs is extremely penalizing for major consumer sectors such as poultry, pork, milk production and fattening of cattle, even if the latter two can benefit from grass-fed food. which limits costs. In recent years, there has been a decline in the ...
Source: Pleinchamp

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