The French poultry division has been reportedly losing 40M euros every month because of the global fear for the bird flu virus. Several countries all over the world have decided to stop importing poultry from the biggest poultry sector in Europe causing a 30% drop in sales.
The H5N1 bird flu outbreak in a certain turkey farm located in the eastern side of France has prompted over 40 countries to impose trade restriction of poultry products from France. An estimated 30 cases caused by the deadly virus in the said area has been reported. This restriction has caused an excess of 20,000 tons of poultry, which is equivalent to 2 weeks of production by a slaughter house, to pile Frances domestic market. According to the Poultry Producers Federation, the drop in poultry consumption has previously damaged the industry and now with several countries imposing a ban on imports, the situation has worsened. At the dawn of the New Year, the sales were down by 20 percent, now it is down by almost 35 percent.
Canada, one of the countries that imposed a restriction, has tested 8 local farms that have imported fowls from France. The results all turned out negative according to the...
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