Lactalis's billionaire boss says his company is facing inflation like he's 'never seen'

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Chief executive Emmanuel Besnier says Lactalis is coping with the broadest inflationary pressures in its history

. “In recent years, some retailers have increased pressure on suppliers by imposing arbitrary and unreasonably harsh fees and penalties and making unilateral changes to supply agreements,” the Dairy Farmers of Canada said in a statement. “If left unchecked, these practices could hamper product innovation, reduce product variety, and generate unnecessary costs, with a negative impact on dairy farmers, processors, independent grocers and consumers alike.

in the food processing industry.” The council also said that a code could lead to higher profits for multinational food brands and higher prices for consumers.Article content “We have never seen such a level [of inflation],” said Besnier. “Often we have primary materials, or packaging, or energy [inflating prices, but] this year, all of the elements of our products are in high inflation.”

 

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its called greed and thats all it is Big shots are profiteering at our expense

Time for the class war to restart as a two sided affair rather than as a one sided sabotage Living wages pegged to productivity, dignity at work and social mobility Mass mobilization, general strikes and direct action ftw Kick them in the capitalism until they beg for mercy

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