Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    In December, will the Fed lower interest rates? Here are the opinions of specialists.

    October 31, 2025

    This seasoned tactician is exposing the hoopla around stablecoins.

    October 16, 2025

    In just three years, this AI stock has increased 1,600%, and Deutsche Bank anticipates further gains.

    October 16, 2025
    Facebook X (Twitter) Instagram
    🔴
    Trending
    • In December, will the Fed lower interest rates? Here are the opinions of specialists.
    • This seasoned tactician is exposing the hoopla around stablecoins.
    • In just three years, this AI stock has increased 1,600%, and Deutsche Bank anticipates further gains.
    • Appaloosa and Soros increase their investment in Nvidia. They also purchased this dilapidated stock, which is currently rising.
    • AI is driving up these equities, yet none of them are in the technology sector. This is what’s happening.
    • Do internet pharmacies offer lower prices than your neighborhood pharmacy? How to make the best financial and medical decisions.
    • Prescription medication vending devices will soon be available on Amazon. What might go wrong?
    • Walmart’s cooperation with OpenAI in shopping made them the Dow’s largest gainer today.
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    • HOME
    • TOOLS
      • CURRENCY CONVERTER
      • RANKING TABLE
      • STOCK SCREENER
      • FOREX HEATMAP
      • ECONOMIC CALENDER
      • REAL-TIME CHART
      • FOREX SUMMARY
    • MARKET
      1. COMMODITIES
      2. REAL ESTATE
      3. CRYPTO CURRENCIES
      4. CURRENCY / FOREX
      5. ETF / RTF
      6. EQUITIES
      7. INDEXES
      8. View All

      Labor Day gas prices are lower than usual, but these wild cards could still fuel a spike

      September 2, 2025

      A new struggle for global market share is developing, which is why oil prices are rising.

      July 25, 2025

      Why the oil market’s surge following Russia’s “Pearl Harbor” incident might not last

      June 17, 2025

      The price of silver just reached a 13-year high. There may be more advantages to come.

      June 17, 2025

      Cardi B and Nicki Minaj, two rappers who are at odds, do share one thing: Purchasing real estate

      October 14, 2025

      Now that the Fed has started cutting rates, how low could they go? Economists have their say.

      September 19, 2025

      We have saved and invested $1 million in high-yield savings and CDs so that we can buy a house. If the Fed lowers rates, should we move our money?

      September 17, 2025

      Builders ramp up price cuts on new homes to five-year high. They’re hoping a rate cut will rescue them.

      September 17, 2025

      The prices of many crypto-treasury firms are below the value of their digital assets. Is this a good deal or a serious warning sign?

      September 29, 2025

      The dollar might continue to be the most valuable reserve currency in the world with stablecoins, but not by purchasing Treasury bills.

      September 11, 2025

      “The Rise of Bitcoin: Wall Street CEO Forecasts a 3,000% Surge, Backed by ETF Approvals and Key Market Trends”

      August 12, 2025

      A “golden cross” appears on Coinbase’s shares. Why it might not be a bullish indication to purchase.

      June 22, 2025

      According to a Goldman research, this is the point at which the 10-year Treasury yield poses a “clear problem” for equities.

      May 3, 2024

      ETFs with private credit have arrived. Why they might target your retirement account next.

      September 5, 2025

      Inside the 2025 ETF boom: “How do you manage it all?”

      September 5, 2025

      Challenges Loom for China’s Stock Market as ETF Experts Warn of Investor Hesitancy

      August 12, 2025

      These bond funds protect you from fluctuations in interest rates, but there’s a fee.

      June 20, 2025

      Challenges for Tech Giants: Microsoft, Google, and AMD Stocks Take a Hit Despite Strong Earnings

      June 22, 2024

      ECB’s Villeroy Affirms: Oil Uncertainty No Barrier to June Rate Cut

      April 29, 2024

      Federal Reserve’s Move Leaves Regional Banks in a Quandary for 2024

      April 29, 2024

      Israel’s Credit Rating Takes a Dive: S&P Warns of Military Escalation with Iran

      April 29, 2024

      This seasoned tactician is exposing the hoopla around stablecoins.

      October 16, 2025

      Appaloosa and Soros increase their investment in Nvidia. They also purchased this dilapidated stock, which is currently rising.

      October 16, 2025

      AI is driving up these equities, yet none of them are in the technology sector. This is what’s happening.

      October 16, 2025

      As the “high-stakes game of chicken” between the United States and China commences, investors should prepare for increased trade war volatility.

      October 14, 2025
    • ECONOMY
      1. INTEREST RATE
      2. View All

      A watchdog group says the IRS has only made “limited progress” in figuring out how often people making less than $400,000 are audited.

      September 3, 2025

      Like Trump, Kamala Harris wants to keep tip taxes low. Some people think the idea is “very silly,” and it doesn’t matter who comes up with it.

      August 19, 2025

      When Is the Best Time to Change a Roth IRA? Make the Most of This Tax-Smart Move

      August 12, 2025

      Tim Walz gave Minnesota “the most progressive tax system in the country.” Find out what that might mean for Kamala Harris’s tax ideas for 2025.

      August 12, 2025

      In December, will the Fed lower interest rates? Here are the opinions of specialists.

      October 31, 2025

      Here is the current status of Trump’s tariffs as new timber, cabinet, and furniture levies are implemented.

      October 14, 2025

      The Sino-American trade war establishes a new battleground, this time at sea.

      October 14, 2025

      Government shutdown means Fed lacks crucial data as it considers rate cuts

      October 3, 2025
    • NEWS
      1. ALL NEWS
      2. COMPANIES
      3. CURRENCY FOREX
      4. INDEXES
      5. View All

      Biden’s Antitrust Wins Cast Shadow on Corporate Mergers in 2024

      August 12, 2025

      Trump’s 10% Tariff Plan Echoes Nixon’s 1971 Strategy: A Closer Look at the Historical Precedent

      April 6, 2025

      Groundbreaking Partnership: Iranian President Ebrahim Raisi Unveils Revolutionary Hydropower and Irrigation Venture in Sri Lanka

      April 2, 2025

      Binance Bombshell: Founder Faces 36 Months in U.S. Jail for Money Laundering Violations

      April 2, 2025

      In just three years, this AI stock has increased 1,600%, and Deutsche Bank anticipates further gains.

      October 16, 2025

      Prescription medication vending devices will soon be available on Amazon. What might go wrong?

      October 16, 2025

      Walmart’s cooperation with OpenAI in shopping made them the Dow’s largest gainer today.

      October 15, 2025

      As the Pentagon calls on missile providers to boost output, the analyst advises buying these stocks.

      October 15, 2025

      China Securities Regulator Halts Restricted Share Lending in Move to Stabilize Stock Markets

      August 14, 2025

      Global Markets Wobble as China’s Evergrande Faces Liquidation, Federal Reserve Meeting Looms

      June 22, 2024

      China’s Stock Slump and Currency Plunge Cloud Asia’s Rate Cut Optimism

      March 22, 2024

      Mexican Peso Ascends to Unprecedented Heights, Instilling Fear in Investors

      March 15, 2024

      4 Must-Have Growth Stocks to Seize After Nasdaq Bear-Market Downturn

      August 11, 2025

      Traders Anticipate ‘Once-in-a-Generation’ Opportunity in Emerging Markets as Federal Reserve Hints at Rate Cuts

      April 6, 2025

      LSEG Shareholders Face Showdown: Vote on Doubling CEO’s Potential Pay

      April 2, 2025

      Critical Week for Stock Market as $10 Trillion in Big Tech Earnings Shape S&P 500’s Fate

      March 2, 2025

      In just three years, this AI stock has increased 1,600%, and Deutsche Bank anticipates further gains.

      October 16, 2025

      Do internet pharmacies offer lower prices than your neighborhood pharmacy? How to make the best financial and medical decisions.

      October 16, 2025

      Prescription medication vending devices will soon be available on Amazon. What might go wrong?

      October 16, 2025

      Walmart’s cooperation with OpenAI in shopping made them the Dow’s largest gainer today.

      October 15, 2025
    • LIST & RANKING

      The force behind the recent surge in stocks is Big Tech, not the Fed. What investors should know is as follows.

      June 16, 2024

      Top 25 Independent Advisors

      February 27, 2024

      Top CEO’s of the Year

      January 18, 2024

      The Best Online Brokers

      January 18, 2024

      The Most Profitable Businesses

      January 18, 2024
    Donate
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    Home » European Farmers Struggle Amid Protests; Sympathetic Consumers Grapple with Affordability
    Economy

    European Farmers Struggle Amid Protests; Sympathetic Consumers Grapple with Affordability

    February 3, 2024No Comments
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Truck driver Jeremy Donf understands French farmers are struggling and he wants to support local food producers. But like many consumers, buying French produced food isn’t always an option.

    Farmer protests across Europe this week have highlighted how farmers and households are both hurting these days because of multiple factors, including persistent inflation, high interest rates, and volatile energy prices.

    “We understand their anger because we value farmers. What are we going to do if they are not here? We won’t eat. Such protests are important,” Donf said.

    But as he weighed Spanish-grown lemons in his suburban Paris supermarket, Donf noted that most of the produce around him was imported. And when French-grown food is available, not everyone can afford it. In a Paris market this week, Moroccan clementines and Polish mushrooms cost about half the price of their French counterparts.

    The farmer protests drew widespread public support in France, even from truckers like Donf whose livelihood was threatened by the highway blockades that were part of the protests. Donf lives in the Paris suburb of Boussy-Saint-Antoine but comes from the French Indian Ocean island of Reunion, where farming is important and many people buy directly from local farmers.

    Governments including France, Spain, and Greece agreed in recent days to pump hundreds of millions of euros into the farming sector to calm the protesters. The EU also granted concessions to farmers, sensitive to voter concerns ahead of European Parliament elections in June.

    At a nearby farmers’ market this week, several shoppers specifically chose more expensive French meat and vegetables over cheaper imports, in part spurred by the recent protests.

    “I am well aware that it’s not easy for some people to spend more money on food, but since my pension allows me to do it, I decided to favor high-quality (French) products,” said Patrick Jobard, a retiree.

    Prices for wheat, corn, and other grain — except rice — are lower than they were before Russia’s invasion of Ukraine drove global food commodity costs to record highs in 2022, which worsened hunger worldwide but helped farmers’ bottom lines.

    Consumers, meanwhile, aren’t seeing big benefits from lower prices for wheat and other food commodities traded on global markets because the price surge that’s been seen at the grocery store is tied to other costs after food leaves the farm, said Joseph Glauber, senior research fellow at the International Food Policy Research Institute.

    Things like energy costs and higher wages for labor have been “affecting every step of food processing, all the way to the retail shelves,” he said.

    With prices having fallen, farmers are getting less for what they grow than they used to and are facing uncertainty from volatile energy prices.

    That’s especially hard for farmers in Europe, because of the loss of inexpensive Russian natural gas and trade disruption as Yemen’s Houthi rebels attack ships in the Red Sea, he said.

    The Red Sea is a critical trade route between Asia and Europe, so farmers in the European Union, Ukraine, and Russia are facing the fallout from shipping companies diverting vessels on longer journeys around the tip of southern Africa.

    “Those costs get passed back to producers,” said Glauber, former chief economist at the U.S. Department of Agriculture.

    Not only that, interest rates are high, making it more expensive to borrow to buy farm equipment and other necessities. European farmers also face climate regulations that can drive up costs that aren’t being borne by competitors in the U.S. and elsewhere.

    However, farmers in major economies like Europe and the U.S. do get government money for growing food, while “a bulk of agriculture around the world is unsubsidized. And they’re competing in this environment,” Glauber said.

    Economies have slowed, especially in Europe, so food inflation has eased, but “people still think back two years ago and say, ‘Boy, this this meat is still very expensive relative to what I was paying two years ago,’” he said.

    Cheaper imports are a big concern for farmers around Europe.

    In France, a big focus of the farmers’ anger was the massive Rungis trading center, Europe’s biggest food market. It provides food to many Paris restaurants and supermarkets but is also seen as a symbol of globalized food chains.

    A group of farmers from the rural southwest camped out with their tractors outside its gates this week, and later pushed past armored vehicles guarding the site, leading to 91 arrests.

    “I chose to come here, because it’s a highly symbolic place, a food symbol,” said Jean-Baptiste Chemin, a grain and orchard farmer who drove there in his tractor from the Lot-et-Garonne region of southern France. Nearby stood a placard reading, ”We are nourishing you and we are dying.”

    When police came to detain him, he joked with them in his distinctive southern accent that he wouldn’t object to being taken to a police station. “I already traveled 600 kilometers (360 miles) anyway.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    In December, will the Fed lower interest rates? Here are the opinions of specialists.

    October 31, 2025

    Here is the current status of Trump’s tariffs as new timber, cabinet, and furniture levies are implemented.

    October 14, 2025

    The Sino-American trade war establishes a new battleground, this time at sea.

    October 14, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Aeries Technology: A Global Professional Services Leader in Business Transformation

    June 10, 2024

    As Christmas sales break records, stock buybacks soar.

    December 5, 2024

    These other stocks, along with Coinbase and Block, could join the S&P 500 in the next shake-up.

    December 6, 2024

    Why Powell and the Fed should stop lowering interest rates in December

    December 7, 2024
    Don't Miss
    Economy

    In December, will the Fed lower interest rates? Here are the opinions of specialists.

    October 31, 2025

    Fed Chair Jerome Powell’s assessment that his colleagues had “strongly different views” about what to…

    This seasoned tactician is exposing the hoopla around stablecoins.

    October 16, 2025

    In just three years, this AI stock has increased 1,600%, and Deutsche Bank anticipates further gains.

    October 16, 2025

    Appaloosa and Soros increase their investment in Nvidia. They also purchased this dilapidated stock, which is currently rising.

    October 16, 2025
    Stay In Touch
    • Facebook
    • Instagram

    Subscribe to Updates

    Get the latest Update

    Facebook Twitter Instagram

    BourseWatch

    • All News
    • Economy
    • List & Ranking
    • Market
    • News

    Recent Post

    • im 32543257
      In December, will the Fed lower interest rates? Here are the opinions of specialists.
    • im 05200118
      This seasoned tactician is exposing the hoopla around stablecoins.
    • im 92986172
      In just three years, this AI stock has increased 1,600%, and Deutsche Bank anticipates further gains.

    Subscribe to Updates

    Get the latest creative news from BourseWatch

    © Boursewatch. Designed by Asad Rizvi

    • Privacy Policy
    • Terms
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.