French Ministry of Agriculture Cuts €15 Million From Budget of Agence Bio
- The French Ministry of Agriculture cut €15 million from Agence Bio's budget on the eve of its 40th anniversary and a new campaign launch.
- This cut results from a tight budgetary context as the ministry prioritizes sector structuring and reallocates funds, including a €30 million save for the hazelnut sector.
- Agence Bio had initially allocated €5 million for promotional activities and an additional €10 million through the Avenir Bio program to support development initiatives before these funds were reduced.
- The ministry introduced a new promotional initiative called "France is Organic" amid concerns that the 60,000 farms practicing organic agriculture, which supply nutritious food, are experiencing a decrease in retail availability.
- The funding cut may hinder organic farming growth amid weak supermarket demand and slow price increases, prompting concerns about this timing.
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