The French industrial ham are sandwiched. And they don't like it. While the epidemic of african swine fever rampant in China, the country-continent began to import heavily, making a skyrocketing world prices. This beating of the tail of the pig chinese is shaking the industry hex.
After years of lean cows, the French breeders pig found the opportunity to sell their products at a much better price. On the other hand, their main customers, the manufacturers who transform the pork into ham and bacon, are struggling to pass these increases of raw material from distributors. Herta, Fleury Michon, Madrange and Aosta, requesting rate increases of 2% to 9%, are in a critical situation.
"We take the commitment to accept the totality of the increase of raw material, all suppliers of meats, provided that they develop the pork French in their ranges."
The negotiations recently concluded have, in theory, fixed the prices for the coming year. Re-negotiate with the large distribution is usually complicated. Intermarché has yet made a gesture of opening ...Updated Date: 24 May 2019, 00:00