French farm-gate milk prices are set to rise by more than 26% during the second quarter of the year, according to the national milk producers’ federation, the FNPL.
Go deeper with GlobalData
Milk production costs have risen steeply this year, while producer numbers have fallen steadily, too.
Since 2003, nearly 19,000 French farmers have left milk production at a time when prices were declining. Between 2003 and 2006, producer prices fell 10% following reforms to the EU’s Common Agricultural Policy.
The fall in prices led to a 7-8% saving for French retailers, according to the French national statistics agency INSEE.
However, over the same period, retail prices rose by six index points against 2003 levels.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAccording to dairy manufacturers’ association president Olivier Picot, consumers can now expect to pay up to 10% more on retail dairy products, provided retailers take a cut in their margins.
