Brussels backs €400bn sector with food security and competitiveness plan
Danone also takes full control of local fresh dairy joint venture
Plan covers animal welfare, competitiveness and protein self-sufficiency
Beef demand holds firm while dairy exports hit record pace
Farmer says heat costs him up to €200 a day in lost production
Total direct payments to farmers could hit $55B if approved
Food pantry demand hits record as states race to comply
Plan targets grocery competition, local production and red tape cuts
$172M special dividend back on table after regulatory green light
French giant also takes full control of local dairy joint venture
Middle East conflict and El Niño seen slowing growth ahead
10 July 2026
1
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