Commodities and Futures News

Farmers’ convoys head for Paris to restart protest movement

2025.01.05 13:07

PARIS (Reuters) – Convoys of farmers set off on Sunday to try to block roads around Paris in protest against what they say is unfair competition from overseas and excessive regulation.

Farmers from France, the European Union’s biggest agricultural producer, led European-wide protests at the start of 2024, but demonstrations fizzled out as the year went on.

However, a move last month by the EU and South American nations in the Mercosur bloc to announce an agreement in principle on a free trade deal has given new impetus to French farmers opposed to the Mercosur deal.

French farmers also remain unhappy about regulation which they say is hitting their profits. Farming trade union officials are due to meet French Prime Minister Francois Bayrou on Jan. 13 to express their concerns.

“They don’t understand the level of misery and distress that farmers are going through at the moment,” Amelie Rebiere, vice-president of the Co-ordination Rurale farming trade union, told BFM TV.

© Reuters. Farmers protest against the planned trade deal between the EU and South American nations within Mercosur, in Paris, January 5, 2025. REUTERS/Benoit Tessier

Those who back the EU’s Mercosur deal, such as Germany, say it offers a way to reduce reliance on trade with China, and insulates EU nations from the impact of trade tariffs being threatened by U.S. President-elect Donald Trump.

Nevertheless, many European farmers – often led by those from France – have repeatedly protested against the EU-Mercosur deal, arguing it would lead to cheap imports of South American commodities, notably beef, that do not meet EU safety standards.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 95,415.56 1.18%
ethereum
Ethereum (ETH) $ 2,714.96 1.42%
xrp
XRP (XRP) $ 2.48 2.81%
tether
Tether (USDT) $ 1.00 0.02%
bnb
BNB (BNB) $ 644.17 3.27%
solana
Solana (SOL) $ 160.51 5.77%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.230131 5.64%
cardano
Cardano (ADA) $ 0.737677 4.10%
staked-ether
Lido Staked Ether (STETH) $ 2,710.79 1.25%
tron
TRON (TRX) $ 0.242761 0.42%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,503.59 0.90%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,252.46 1.03%
chainlink
Chainlink (LINK) $ 16.77 5.83%
sui
Sui (SUI) $ 3.27 3.92%
avalanche-2
Avalanche (AVAX) $ 23.94 6.75%
stellar
Stellar (XLM) $ 0.31951 3.42%
the-open-network
Toncoin (TON) $ 3.72 1.10%
litecoin
Litecoin (LTC) $ 122.84 3.01%
leo-token
LEO Token (LEO) $ 9.75 0.49%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 4.19%
hedera-hashgraph
Hedera (HBAR) $ 0.204877 4.31%
usds
USDS (USDS) $ 1.00 0.05%
mantra-dao
MANTRA (OM) $ 8.47 0.52%
weth
WETH (WETH) $ 2,718.77 1.17%
hyperliquid
Hyperliquid (HYPE) $ 22.04 9.34%
polkadot
Polkadot (DOT) $ 4.78 5.40%
bitcoin-cash
Bitcoin Cash (BCH) $ 317.92 2.97%
bitget-token
Bitget Token (BGB) $ 4.93 2.97%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,883.42 1.12%
uniswap
Uniswap (UNI) $ 8.70 3.45%
monero
Monero (XMR) $ 234.40 0.20%
whitebit
WhiteBIT Coin (WBT) $ 27.50 0.06%
near
NEAR Protocol (NEAR) $ 3.31 4.30%
pepe
Pepe (PEPE) $ 0.000009 4.59%
aave
Aave (AAVE) $ 238.90 2.87%
dai
Dai (DAI) $ 0.999563 0.04%
bittensor
Bittensor (TAO) $ 409.69 5.00%
ondo-finance
Ondo (ONDO) $ 1.09 5.36%
aptos
Aptos (APT) $ 5.79 3.21%
internet-computer
Internet Computer (ICP) $ 6.87 3.93%
tokenize-xchange
Tokenize Xchange (TKX) $ 38.89 2.31%
official-trump
Official Trump (TRUMP) $ 15.28 5.67%
ethereum-classic
Ethereum Classic (ETC) $ 19.92 3.30%
mantle
Mantle (MNT) $ 0.891755 2.34%
gatechain-token
Gate (GT) $ 23.08 1.69%
okb
OKB (OKB) $ 48.23 2.39%
susds
sUSDS (SUSDS) $ 1.04 0.24%
sonic-3
Sonic (prev. FTM) (S) $ 0.863241 7.71%