Blog: Dean BestFood prices in the spotlight in France

Dean Best | 22 February 2011

The debate over food prices is being heard all over the food industry and beyond - and in different markets all over the world. This week, the issue is of particular importance in France, with retailers and suppliers needing to strike this year's pricing contracts by next Monday (28 February).

After changes to legislation in 2008, the days of retrospective discounting are over and suppliers have to put everything on the table at the start of the year. And what are always tough discussions have become even more tense due to the volatility in commodity costs.

Yesterday, at the French farm show SIA, which is being held in Paris, representatives of the farming, manufacturing and retailing sectors debated the issues of contracts, prices and margins.

Carrefour general secretary Pierre-Alexandre Teulié, Jean-René Buisson, president of ANIA, the French food manufacturers' association, and Xavier Beulin, president of France's farmers federation, the FNSEA, took part in a seminar that highlighted the differences of opinion between the different parts of the supply chain - but also the calls for industry to work together.

"If we don't all work together, we're all sunk!" Carrefour's Teulié said when asked to identify a kery concern for the year ahead. Retailers and suppliers have under a week to find a compromise.


BLOG

UK M&A deal volumes slide in early months of 2017

Fresh data from Grant Thornton indicates the number of mergers and acquisitions in the UK food and drink sector fell to the lowest level for over two years in the first quarter of in 2017 - but the ac...

BLOG

Food policy returns to focus in Westminster

Amid the political turmoil in the UK caused by the EU Referendum, the resignation of a Prime Minister, subsequent burning debates over the Brexit “divorce” settlement and now by the surprise announcem...

BLOG

Danone closes WhiteWave, who will acquire Stonyfield?

Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...

BLOG

Premier Foods pension news offers cheer but challenges remain

Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden....

just-food homepage



Forgot your password?