Record drought in Switzerland, wheat producers demand a fixed price

Published 2022년 9월 9일

Tridge summary

The article highlights the challenges faced by Swiss cereal producers, who are struggling with climatic conditions and increased production costs, leading to a need for higher wheat prices. However, large retailers and mills are resisting these price increases, despite the European wheat price being 30% higher than last year. The Uniterre union is calling for a fair price of at least 69 fr./qt, which would still not provide adequate remuneration for producers. The union also criticizes the Swiss Confederation's decision to lower customs tariffs and increase import quotas, which further undermines local production. The article emphasizes the importance of supporting sustainable and diversified farming to ensure local supply and maintain food safety.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After two extremely difficult years for cereal production due to climatic conditions, buyers, industry and mass distribution are adding a layer to the backs of producers, estimates the Uniterre union in a press release dated September 9, 2022. Switzerland, while the price of wheat at European level is still nearly 30% higher than the same period last year, the mills, industry and large retailers are refusing a necessary increase in the price of wheat to producers. Large retailers have also announced price increases for sale which, for bread, are currently 2.4%. As for the indicative gross purchase price, it is currently set at 57fr. quintal. Such a price is in no way remunerative! The direct increase in production costs (energy, fertiliser, machinery) represents approximately 500 fr./ha. The price should therefore increase by 12 fr./qt just to compensate for the increase in costs. Uniterre immediately demands a fixed ex-firm price of at least 69 fr./qt. It should be pointed out, ...
Source: Agrihebdo

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.