The president of France, Emmanuel Macron, has announced his desire to link food prices in the country to a farmer's’ cost of production, as reported by fwi.co.uk.
He wants to implement these changes, making producers the ones setting prices and not taking the blunt force of prices offered by retailers. He announced the plan as part of his desire to address the imbalance of power in the food sector. It is aimed to help return more money to farmers.
His plans involves farmers, setting their own starting price in negotiations. This he feels will help to better reflect the cost of production. It comes after recent pressure on French farmers, with retailers decreasing prices paid to farmers in the past few years.
There is currently a minimum sale price in place in France, which means retailers are obliged to sell certain produce for the minimum price or more. This minimum sale price could now be increased as part of the President’s latest proposals.
The legislation is expected to be put in place by next year. Could this be a way to stop Irish farmers losing out on their produce?