French farmers protest falling food prices, July-September 2015
In 2014, French livestock farmers experienced a six to eight percent decrease in prices of their goods due to falling prices worldwide, a Russian embargo on European Union goods, as well as competition between supermarkets, while distribution companies’ earnings remained the same. On 17 June 2015, members of the French food industry agreed to a hike in the price of meat and dairy in order to increase the amount of money going to the farmers. The agreement stipulated a five-cent price increase per kilogram of beef per week.