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Squeezed French dairy makers fear worse this year
date:Feb 20, 2014
SQUEEZE

French makers of cheese, yoghurt and other dairy products, from the large companies like Lactalis down to farm-based family businesses, paid 730 million euros more for their milk supplies in 2013 compared with the previous year. The bill has gone up by a total of 2 billion over the past 4 years despite a price dip in 2012, Picot said.

Any rise of 10 euros per 1,000 litres in the price of milk makes the bill for the dairy industry swell by an additional 240 million euros, he said.

Howe

07/12 21:00