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ANALYSIS: High Whole EU Egg Prices Leave Little Room For Movement Ahead of Easter
Historically, the pre-Easter period in Europe has been a peak time for the egg industry, characterized by rising prices leading up to the extended holiday weekend. However, this year, the uptick has been comparatively subdued, with minimal deviation observed from the 2024 trendline. Over the past five years, cage liquid whole egg values have reached an average Easter peak of 1.76 €/kg, reflecting a 22.4% increase from the Q1 five-year average low. This year, the price increase has been more restrained...
75 French Food Producers and Retailers Agree on Price Freezes and Cuts
French finance minister Bruno Le Maire has reached a deal with domestic food retailers and manufacturers to freeze or cut prices for approximately 5,000 everyday products, which represents a quarter of all products available on French supermarket shelves on average.
Le Maire, who had spent two days of talks with executives and representatives from 75 big retailers and producers, shared the claims during a lunchtime television interview with France 2 on 31 August.
Le Maire had previously announced a deal with the top retailers and manufacturers to cut...
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