5,000 tons of French cheese at risk to go to waste as demand sinks: report - Business Insider

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5,000 tons of French cheese at risk to go to waste as demand sinks: report - Business Insider
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5,000 tons of French cheese are at risk of going to waste amid the coronavirus pandemic as demand sinks

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Customers, wearing protective facemasks, queue at the cheese counter in order to be served behind a transparent plastic curtain at a covered market in Le Perreux-sur-Marne on April 19, 2020 on the 34th day of a strict lockdown aimed at curbing the spread of the COVID-19, .French dairy farmers are dealing with a surplus of cheese because demand dropped nearly 60% during the pandemic.The EU and dairy farmers are at odds when it comes to finding solutions to the market imbalance.

Cheese sales dropped nearly 60% percent during the pandemic because of restaurant closures, shrinking international trade, and people buying less top-dollar cheeses, according to aBut as the market goes haywire from plummeting demand, European milk producers at the apex of their seasonal production are struggling to handle issues with the market, and risk wasting a 5,000 ton surplus of cheese,"There are producers experiencing drops in prices that are catastrophic," Michel Lacoste,...

Producers have already disposed of 1,000 tons of cheese either giving it away, destroying it, or melting it down to make lesser quality cheeses,. And with 1,000 more tons on back-log, French dairy farmers are urging the EU to pay producers to lessen production. The EU's approach has been instead to pay farmers to store more than 18,000 tons of cheese during the pandemic,But producers argue that hoarding the cheese until it can be sold will overwhelm the market once released thus driving down prices and crippling farmer's wallets,That's why some farmers, as well as The European Milk Board lobby, are coordinating protests that abide by the country's lockdown measures by spreading milk powder throughout the fields Thursday.

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