Michel ABITBOL

🧀🧀🧀 Choose French cheeses from the Loire Valley for your international market? Yes or... Did you know? The European cheese market is experiencing steady growth, driven by increasing consumer demand for high-quality, artisanal, and even plant-based varieties. 🌱 In fact, this dynamic market is expected to surpass a #USD 𝟏𝟎𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟑 valuation and grow at nearly 𝟒.𝟔𝟑%! 🚀 So when it comes to sourcing exceptional cheeses for your country, why not look to the Loire Valley? Here's why these unique French cheeses deserve a prime spot on your shelves: 1️⃣ Distinctive flavors that transport you to France Loire Valley cheeses are like no other. From the smooth, nutty Tomme de Chouans of the Vendée to the bold, smoky Curé Nantais, each cheese offers a distinctive flavor that international customers won't find anywhere else. Embruns aux Algues delivers seaweed-infused coastal notes, while the creamy, semi-soft Port Salut is beloved for its mildness. More than just products, these cheeses are a sensory experience in the heart of France. 2️⃣ Quality Assurance through AOP & IGP Certifications Backed by AOP (PDO - Protected Designation of Origin) and IGP (PGI - Protected Geographical Indication) certifications, Loire Valley cheeses meet some of the highest standards in the world. These labels guarantee exceptional quality and a commitment to preserving traditional methods and local terroir. Choosing these cheeses means offering your cheese lovers products rich in authenticity, integrity and a true sense of place. 3️⃣ A commitment to sustainability that reflects today's values Loire Valley cheesemakers are passionate about protecting the environment, using organic and eco-friendly practices that reflect a commitment to sustainability. By distributing these cheeses, you will be offering consumers in your country products that honor both the terroir and the people who make them. 👍 Like if you believe in quality and tradition-driven French cheeses! 💬 Share your favorite Loire Valley cheese! 🔁 Share to introduce your network to these extraordinary French cheeses! #cheese #Food #France #Madeinfrance #tastyloire #frenchfood Fromagerie Vaubernier EURIAL, la branche Lait d’Agrial Région Pays de la Loire Source: StickyMangoRice.com 🙏

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"But Iggy, Oatly products don't have the Nutriscore label." Oatly has always been clear on the shortcomings of Nutriscore, especially about how it helps hide nutritional baddies of food products and not value totally healthy nutritional aspects. But that's not the point. The food industry is more and more seen by people as a dirty and secret place. The trust in packaged food has eroded over many decades of practices like the one we see here, where companies use these labels as marketing tools rather than help people understand better what's inside through total transparency. And for worse, remove them when it's not in their favour. Funnily, big food industry now ditching Nutriscore said this 4 years ago: "Making the #NutriScore mandatory will make it easier to make balanced and informed food choices. The system is based on thorough, independent, and transparent research." The "thorough, independent and transparent research" has become overnight for them superficial, biased, and secretive research. I wonder why...

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[PotatoPro] Future Snacks Trends During the last few years, significant growth has been observed in the snack sector, prompting widespread interest in future snack trends #potato #potatopro #potatonews #potatoindustryevents #potatosupplychain #frenchfry #potatoequipments #potatochips #potatosnacks #potatofarming https://vist.ly/3ft4w

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🧀 Danone, Michelin, the US startup DMC Biotechnologies, and Crédit Agricole Centre France have partnered to create the Biotech Open Platform. The new center will focus on precision fermentation, a technology pivotal for innovation in agri-food and materials with the potential to address the need for sustainable alternatives to animal and fossil-based products. Why is this important? 🔬 Precision Fermentation Innovation: This partnership aims to leverage precision fermentation to create high-quality, sustainable food and material ingredients, paving the way for significant advancements in biotechnology. 🌱 Sustainable Alternatives: By focusing on precision fermentation, the Biotech Open Platform seeks to develop sustainable alternatives to traditional animal and fossil-based products, supporting global sustainability goals. 📈 At Cibus Nexum, we recognize the immense potential of precision fermentation and other innovative technologies. Our services are designed to help brands and investors navigate and capitalize on these groundbreaking developments. Whether you're looking to optimize your production processes or invest in the next big thing in food tech, we're here to guide you every step of the way. 🔗 Read more about this exciting development in vegconomist - the vegan business magazine: #precisionfermentation #ingredients #foodmanufacturing #biotech #sustainability

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It is now a few months that the c-market is in backwardation situation. What does it mean and what are the conseuqences for the coffee supply chain ? Understanding backwardation and contango (upwardation) in the coffee futures market. Backwardation in the Coffee Market Backwardation occurs when the price of a coffee futures contract is lower than the current spot price of coffee. Essentially, traders are willing to pay a premium for immediate delivery rather than waiting for the future. Why Does Backwardation Occur? Short-Term Supply Shortages: A sudden drop in coffee production due to adverse weather (e.g., frost in Brazil) or pest outbreaks. Logistical disruptions in key producing regions. High Demand Pressure: Strong demand from roasters or buyers with immediate needs, often during a holiday season or after a poor harvest. Currency Depreciation in Producing Countries: Producers in countries like Brazil might sell aggressively if the local currency weakens against the dollar, leading to temporary price distortions. Speculation and Panic Buying: Fear of prolonged shortages can drive spot prices up disproportionately compared to future prices. Why Is It a Problem for Coffee Traders? Risk of Overpaying: Traders may have to pay a premium for spot coffee, which cuts into margins if prices stabilize or fall in the future. Unpredictability: Backwardation often signals market instability, making it harder to hedge effectively or plan forward purchases. Producer Hesitation: If producers expect prices to drop further, they may delay sales, worsening supply issues.   Contango (Upwardation) in the Coffee Market Contango is the opposite situation, where the price of a coffee futures contract is higher than the spot price. This usually reflects expectations of increasing prices over time. Current Market Trends and Challenges The coffee market today often reflects both backwardation and contango depending on market conditions: Weather Impact: Recent weather anomalies like El Niño and frost in Brazil create short-term price volatility. Geopolitical and Logistical Issues: Port congestion, high shipping costs, or political instability in producing regions (e.g., Colombia or Ethiopia) can cause backwardation. Speculative Activity: Increased speculative trading can exacerbate market movements, leading to unexpected contango or backwardation patterns.   Why Is the Current Situation Tough for Coffee Traders? Volatility: Frequent shifts between backwardation and contango create uncertainty, making it hard to predict market behavior. Margin Compression: Whether paying a premium in backwardation or facing higher carrying costs in contango, traders often see squeezed profits. Cash Flow Strains: Backwardation can force traders to tie up significant capital in spot purchases, while contango increases costs for holding inventory. The main consequence of this situation is the high back-to-door demand from roasters and coffee transformers.

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📈🌱 Financial strength meets sustainable impact and shared value: Bel's H1 2024 success story   Our financial performance in the first half of 2024 speaks volumes: 2.5% organic growth, €122 million recurring operating income, and a robust €572 million in cash and equivalents. These figures underscore our financial resilience in a complex economic landscape.   But our success isn't just about numbers. Our transition to a mission-led company by law and the launch of our first employee shareholding program “#We Share” demonstrate our commitment to sustainable practices and shared value creation. These initiatives are integral to our business model, not just add-ons.   This dual focus on profitability and responsibility is the cornerstone of Bel's success. It's not an either/or proposition - it's a virtuous cycle that drives our growth and impact. Looking forward to building on this momentum in H2 2024!   #ForAllForGood #FinancialResults #MissionLedCompany #EmployeeOwnership

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A major update in the European Union organic regulation 📃 has been put into place since 2021 for european producers 👨🏻‍🌾 and operators 🏭 and is expected to be applied in other countries 🌍 from 1st of january 2025. You can read the full version here : https://lnkd.in/ex9nGVx8 If you keep an eye an organic market trends 📈 and you understand how important organic agriculture is to preserve our planet biodiversity 🌱 🦋 and empower local communities , then you're like me, want this movement to grow, not to be weaken out of unrealistic expectations, lack of practical sense and misunderstanding of ground level reality in developping countries. This new regulations is bringing major changes in the supply chain. IFOAM - Organics International has made a clear Guidance & Explanation of Group Certification Requirements last year. You can review it here: https://lnkd.in/e3UYrtAa I often wonder why our regulations and politics make it hard on those willing to do sustainable agriculture instead on making it hard on pesticides industry and lobbyist 😑 I am sharing Fairtrade International paper on this topic which reflects this opinion with facts, figures and experience. An "Organic" label should be a way to support ethical practices for farmers and their environment, not an extra challenge ! #organic #organicagriculture #supplychain #africa #asia #fairtrade #sustainaiblity #quality #regulation #traceability #biologique #europeanunion #markettrend

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Given the climatic, economic and social challenges we are facing, it has never been more important to reduce greenhouse gas emissions, and optimise the use of water and natural resources while adopting responsible practices. At Lesaffre, the commitment to Corporate Social Responsibility ( #CSR) has been at the core of our business for more than 170 years. Today, more than ever, we are dedicated to our Corporate Social Responsibility, by our commitment to #transition toward industrial models that are more respectful of the planet, and by striving to promote fairness, diversity and well-being within communities. In line with our mission, Working together to better nourish and protect the planet, our spheres of activity mainly revolve around the following three pillars: taking #care of men and women, producing #sustainably and maintaining responsible relationships, respecting our #environment. With this Extra Financial Performance Report ( #EFPR), we want to talk about our progress in accordance with all the levers of influence and action plans that we have defined, and are proud to present our successes and progress to you. Our EFPR 👉 https://bit.ly/3R3cIyi #workingatLesaffre

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𝗡𝗲𝘄 𝗚𝗲𝗻𝗲𝗿𝗮𝗹 𝗠𝗮𝗻𝗮𝗴𝗲𝗿 𝗮𝘁 𝗚𝗻𝗼𝘀𝗶𝘀 𝗯𝘆 𝗟𝗲𝘀𝗮𝗳𝗳𝗿𝗲 Ulrich Irgens has been appointed by Lesaffre as General Manager of its business unit dedicated to nutrition and human health, Gnosis by Lesaffre. The Danish Citizen brings with him decades of experience in managing the growth of health and nutrition businesses developed in different companies. Gnosis by Lesaffre is a Lesaffre business unit founded in 2006, specializing in developing, manufacturing, and marketing active ingredients, nutritional yeasts, and biotics. Brice-Audren Riché, CEO of Lesaffre, commented, “We are extremely pleased to welcome Ulrich Irgens as General Manager of Gnosis by Lesaffre, our business unit dedicated to human nutrition and health. Thanks to his international background and impressive expertise, he will accelerate Lesaffre’s development in health care alongside the Gnosis teams, to best meet the expectations of our customers, partners and employees, while further illustrating Lesaffre’s mission: working together to better nourish and protect the planet.” To read more on this story, click to the 𝗕𝗮𝗸𝗶𝗻𝗴 𝗮𝗻𝗱 𝗕𝗶𝘀𝗰𝘂𝗶𝘁 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 website: https://lnkd.in/eCVefPk5 #Lesaffre #GnosisbyLesaffre #nutritionalyeasts #biotics #nutritionandhealth #healthyeating #managementchanges #f2m #food2multimedia #bakingandbiscuitinternational #brotundbackwaren #BakeryMirror #backspiegel #industrialbaking #industrialbakingnews

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It is unacceptable that a company like #BarryCallebaut does not deliver on its promises and intentions regarding social relations. Barry Callebaut refusing to fully respect European social dialogue  Barry Callebaut announced the BC Next Level programme, a worldwide reorganisation plan, towards the end of February 2024. This plan comprises the closure of two production sites and 2,500 redundancies, 900 of which in Europe.  While local procedures are still in progress, an additional closure of a production site in Intra, Italy, was announced last week. During a consultation this week in the European Works Council's steering committee, members sought clarification on the intentions of the additional closure. However, ❗ management gave no answer to the question whether additional redundancies or closures were to be expected. ❗ management failed to address the growing uncertainty and concern. ❗ management made no attempt to rebuild trust with the employee delegation. More so, the employee delegation established that the European social dialogue rules on information and consultation on the additional closure had not been followed. The European Works Council also fears that the scarce information that has been shared now, does not reflect the full impact on the Barry Callebaut employees and sites and that information has been withheld. More impact on already affected sites, as well as additional closures cannot be ruled out. This is why the members of the European Works Council are questioning the sincerity of the long-term intentions of Barry Callebaut and its majority shareholder Jacobs Holding AG. The European Works Council will therefore investigate what legal options exist to obtain the necessary information that needs to be given by law and to force proper social dialogue. In an ultimate attempt to keep the social dialogue going and to still give the European Works Council sufficient information, IUF, the international trade union federation, wrote a letter to the top management in Zurich back in July. The letter remained unanswered, showing a complete lack of respect for the social dialogue. We demand from Barry Callebaut that they: 👉 fully respect the local and European social dialogue. 👉 take the information and consultation of the European Works Council seriously.  👉 clarify the full impact of BC Next Level. 👉 restore the trust that was very seriously damaged. #WEarebarrycallebaut #WIJzijnbarrycallebaut #chocoladehart #chocolateheart #wewillfightforeveryjob #BarrryCallebaut

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Save the Date !!

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PETFOOD: AN UNTARNISHED APPEAL - A Resilient Market in a Challenging Economic Environment: A Sector Shielded from the Crisis: Unlike other sectors, the pet food and care market is thriving with a growth of +7% in value and +1% in volume in 2023. The total revenue reaches €5.8 billion, making this sector the third largest in grocery. Store Expansion: The number of pet stores in France has significantly increased, rising from 500 before the Covid pandemic to about 700 in 2023, with a forecast of over 1,300 by 2026. Major chains such as Maxi Zoo, Zoomalia, Do & Ka, Ultra Premium Direct, and Tom & Co are rapidly expanding. Key Players and Their Strategies: Maxi Zoo: In 2023, Maxi Zoo opened 40 new stores, with a goal of 600 stores by 2026. The chain's revenue reached €558 million, supported by the Fressnapf group. Zoomalia: Founded in 2010, Zoomalia achieved a turnover of €93 million in 2023, with 80% of sales conducted online. The chain aims to have 160 stores by 2028. Ultra Premium Direct: Established in 2014, this chain plans to reach 100 stores by 2028. It generated approximately €70 million in revenue in 2023. Do & Ka: Formerly known as L’Animalerie, Do & Ka targets 45 stores by 2030 and currently operates 4 stores. Tom & Co: Present in France with 68 stores and a global revenue of €300 million, Tom & Co continues to expand its network while offering various additional services. Trends and Innovations: A Market Dominated by Large Food Retailers: Large food retailers lead the market, but pet stores continue to open new locations to be closer to customers. Focus on Well-being and Health: Products focused on pet well-being and health, such as dental care and specialised diets, are in high demand. Additional Services: Chains are emphasizing services such as grooming, insurance, and health advice to differentiate themselves and meet the growing needs of pet owners. Consumer Behavior and Market Evolution: A Necessity Purchase: Pet owners continue to spend on food and care despite economic pressures. Only 6% of pet owners are willing to cut back on spending in this area. Diversification of Offerings: Brands are developing products tailored to pets’ specific needs, including breed-specific age-specific, and health-related foods, with a particular focus on fine segmentation. In summary, the pet care market remains dynamic and growing despite economic challenges. The rapid expansion of specialized chains and innovations in products and services highlight the resilience and continued attractiveness of this sector. Source: https://lnkd.in/e_8ds3PT

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Cut Meat Consumption to Save the Climate, Say French Groups 🥩🌏 In late February 2024, Climate Action Network France (the French affiliate of Climate Action Network International) and the French Society of Nutrition released a comprehensive study on diets associated with lower greenhouse gas emissions. Based on their modeling, they issued recommendations aimed at reconciling nutrition and climate concerns, mainly focusing on reducing the consumption of meat products. 🍖 Univadis France interviewed Nicole Darmon, PhD, a research director at the French National Research Institute for Agriculture, Food, and Environment and a coauthor of the recommendations. #FoodTransition #PositiveImpact #Flexitarian

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[PotatoPro] FAO Food Price Index up marginally in April, mostly driven by higher world meat prices The FAO Food Price Index (FFPI) stood at 119.1 points in April 2024, up 0.3 points (0.3 percent) from its revised March level, as an increase in the price index for meat and smaller upturns of vegetable oil and cereal indices slightly more than offset decreases in those for sugar and dairy products. #potato #potatopro #potatonews #potatoindustryevents #potatosupplychain #frenchfry #potatoequipments #potatochips #potatosnacks #potatofarming https://vist.ly/v7si

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Why is France opposing the EU X Mercosul Deal? Last week, I started a discussion about Carrefour CEO Alexandre Bompard's letter refusing meat from Mercosur in their stores in France a political gesture to protect French farmers. This post sparked a few conversations, with people asking what is going on with this deal. So here's what's going on and my take on it: The EU-Mercosur Trade Agreement: In 2019, the EU and Mercosur—a South American bloc comprising Argentina, Brazil, Paraguay, and Uruguay—reached a political agreement to establish one of the world’s largest free trade zones. For the EU, the deal is more strategic than economic. It offers a means to reduce reliance on the U.S. and China amid rising trade tensions. For instance, in 2023, EU exports to Mercosur countries totaled €55.7 billion, while imports were €53.7 billion vs €502 billion the EU exported to the U.S. in the same year. Strategic Benefits for the EU: The agreement is not just about trade it’s also about diversification. Mercosur is rich in critical minerals like lithium, nickel, and rare earth elements essential for green technologies such as batteries, solar panels, and wind energy. Reducing tariffs on industrial goods benefits both sides: 1- EU exports to Mercosur: Cars, machinery, chemicals, and IT equipment could become more competitive, with current tariffs as high as 35%. 2-Mercosur exports to the EU: Food products, especially beef and poultry, would gain greater market access. So why France and some other members showing resistance? Countries like France oppose the deal, citing concerns over unfair competition for European farmers. Beef quotas: The deal would allow Mercosur to export an additional 99,000 tonnes of beef with a 7.5% tariff, on top of the existing 200,000 tonnes. Over five years, this would represent just 1.2% of the EU’s total beef consumption, yet it’s a major sticking point. Other agricultural imports: Duty-free quotas for poultry (180,000 tonnes), sugar (180,000 tonnes), and honey (45,000 tonnes) are seen as a threat to local producers. European farmers argue that Mercosur producers have cost advantages due to less stringent regulations on food safety, animal welfare, and environmental standards, as well as lower labor costs. The Bigger Picture The EU is not self-sufficient in key food commodities. It relies on imports for meat, grain, and other essentials. At the same time, Mercosur enjoys strong trade relationships with China, the U.S., and Central America. My Take As mentioned before the 99,000 tonnes of beef with a 7.5% tariff, on top of the existing 200,000 tonnes which represents just 1.2% of the EU’s total beef consumption, is South America meat a real threat to EU production? I'm not sure but I am sure that food inflation needs to be tackled and not just on meat but also on grains for animal feed and livestock farming to stabilize production costs and food prices or else we risks big food inflation.

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La Société des Transports Biocoop, the transportation division for the Biocoop network of organic food stores in France, has acquired its first semi-trailer equipped with Carrier Transicold's 100% electric Vector eCool refrigeration unit. Read more: https://lnkd.in/eMvtM9dk

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