# French poultry leader seeks more double-digit price rises on costs | Euronews

> LDC, France's largest poultry group, said it will need to raise prices about 10% next year to cover energy and other costs after raising prices by a third over the past year. Food prices in France rose 12% year over year in October, and the company is facing sharply higher electricity costs for 2023.

- Date: 2022-11-23 · published 2022-11-23T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/38820-french-poultry-leader-seeks-more-double-digit-price-rises-on-costs-euronews
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Higher European poultry costs and price pass-through reflect strong cereal and energy costs, but grain markets are easing, which slightly reduces feed cost pressure for European poultry producers.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-09-07 | [Forex crunch,power bills block price relief for poultry feed](https://feedsoft.ai/events/23225-forex-crunch-power-bills-block-price-relief-for-poultry-feed.md) | -0.1% | +2.7% |
| CORN | 2022-10-01 | [Most Wholesale Nitrogen Fertilizer Prices Rise in August on Wave of Production Curtailments at European Plants](https://feedsoft.ai/events/39888-most-wholesale-nitrogen-fertilizer-prices-rise-in-august-on-wave-of-production.md) | +1.0% | +2.9% |
| CORN | 2022-06-29 | [Euro dives, dollar rises after Fed's Powell reaffirms hawkish stance](https://feedsoft.ai/events/41144-euro-dives-dollar-rises-after-fed-s-powell-reaffirms-hawkish-stance.md) | +1.2% | -16.3% |
| CORN | 2022-09-26 | [Commodity prices down last week amid hawkish monetary policies, recession fears](https://feedsoft.ai/events/11907-commodity-prices-down-last-week-amid-hawkish-monetary-policies-recession-fears.md) | -1.4% | +2.6% |
| CORN | 2021-09-23 | [Gold prices ease as dollar firms on Fed rate hike comments \| Financial Post](https://feedsoft.ai/events/44965-gold-prices-ease-as-dollar-firms-on-fed-rate-hike-comments-financial-post.md) | +1.3% | +2.0% |
| WHEAT | 2020-03-01 | [Grains, like economy, trend lower on coronavirus concerns - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12541-grains-like-economy-trend-lower-on-coronavirus-concerns-agweek-1-source-for.md) | -0.1% | -4.3% |
| WHEAT | 2016-06-28 | [EU wheat prices weaken as firmer euro dents export outlook](https://feedsoft.ai/events/11730-eu-wheat-prices-weaken-as-firmer-euro-dents-export-outlook.md) | -2.7% | -3.5% |
| WHEAT | 2026-10-27 | [Wheat Prices Slip As A Stronger Dollar Tests Exports - Finimize](https://feedsoft.ai/events/455-wheat-prices-slip-as-a-stronger-dollar-tests-exports-finimize.md) | -0.2% | — |

## Sources

- euronews.com: https://www.euronews.com/2022/11/23/france-poultry-ldc

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.