EU Farmers and Maize Processors Join Forces

 Breaking News
  • Guinness Remains Ireland’s Most Valuable Brand at €2.1 Billion Guinness remains Ireland’s most valuable brand after growing by 5% over the last year to a brand value of €2.1 billion on the back of new product innovations and steady sales of the world-famous draught, according to the latest report by Brand Finance, the world’s leading independent brand valuation and strategy consultancy. Guinness’s brand value has [...]...
  • New Décor Salt Convinces With a Crunchy Bite and High Stability When it comes to pretzels or salt sticks, the visual contrast between a dark crust and a rich salt décor is a mark of quality for most consumers. New Slow Milling® Pretzel Salt Light SG from GoodMills Innovation enables salt reduction in pretzel décor without the consumer noticing any visible difference. At the same time, [...]...
  • DuPont’s Microbiome Venture Announces Second Strategic Partnership Three months after its formation, the DuPont Nutrition & Health Microbiome Venture has announced its second strategic research and development partnership. The newly forged relationship with the Center of Food and Fermentation Technologies (TFTAK) in Tallinn, Estonia, will focus on developing cultivation and bioprocess capabilities for ‘next-generation’ probiotics. Last November, DuPont Nutrition & Health (DuPont) announced [...]...
  • JBT Announces Comprehensive Relaunch of Online Presence JBT Corporation, one of the world’s leading solutions providers for the food and beverage processing industries, has announced the comprehensive relaunch of its online presence, with the introduction of a redesigned flagship website. To better accommodate a range of solutions that includes not just core JBT products, but also innovations from its global businesses and [...]...
  • Building the Unilever of the Future Unilever has announced the next steps in its transformation into a simpler, more agile and more focused business. The changes are designed to further drive long-term performance and shareholder value, and build upon the company’s Connected 4 Growth programme. Unilever will simplify its corporate structure. This entails moving from two legal entities – Unilever NV and [...]...

EU Farmers and Maize Processors Join Forces

EU Farmers and Maize Processors Join Forces
October 19
11:59 2015

EU farmers represented by COPA-COGECA, EU maize growers represented by CEPM, and EU ethanol and starch producers, represented by ePURE and Starch Europe respectively, have warned of the negative impact on the EU economy posed by the increased market access for US maize and maize products which could result from the negotiations.

The strength of the US starch and ethanol industry is fundamentally a result of three key elements:

* The US provides much stronger market related support to its domestic maize farmers than the EU. As a result, the US starch and ethanol industry benefit from lower feedstock prices than their European counterparts.

* US energy prices, the second largest cost factor in starch and ethanol production, are up to ten times lower due to a combination of factors linked to US export restrictions of natural gas and EU climate and environmental policies.

* The US has a much more supportive and reliable regulatory and policy framework for farmers, starch and ethanol producers.

“We support a transatlantic trade deal, if key conditions are met. Our sectors have a combined annual turnover of €26 billion. EU farmers cannot do without ethanol and starch production in the EU, which also helps reduce the EU’s acute protein deficit, by co-producing animal feed which otherwise will have to be imported. The livelihood of millions of people in Europe depends on our sectors and we are looking for fair rules on trade,” says Pekka Pesonen, Secretary General of COPA-COGECA.

“The US produces five times more maize, over twice as much starch and sweet corn and ten times more ethanol than the EU,” warns Luc Esprit, Permanent Delegate of CEPM.

“The development of the EU ethanol market remains far behind expectations due to legislative uncertainties triggered by the revision of the RED and FQD for three years. Making the European market vulnerable to the world’s largest ethanol producer and exporter would be detrimental to domestic producers. The vastly different regulatory frameworks in the United States and the European Union make it virtually impossible for EU producers to compete on fair and equal terms with their US counterparts,” cautions Robert Wright, Secretary General of ePURE.

Jamie Fortescue, Managing Director of Starch Europe, adds: “Thanks, in large part to the more supportive US regulatory approach, an average US starch plant produces almost 10 times more starch than an average EU one. Tariffs are a legitimate and efficient measure to maintain a level playing field, as any liberalisation would expose the EU to unfair competition, putting at risk over 150.000 jobs in the EU, connected to the ethanol and starch industry, and undermining the subsistence of 3.5 million European farmers.”

About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • March 18, 2018ProWein
  • March 21, 2018World Olive Oil Exhibition
  • March 28, 2018FOOD INDUSTRY
  • April 4, 2018The leading event for the snack and food-on-the-go market
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here