Post by arfanho7 on Feb 24, 2024 9:34:54 GMT
The case describes the traditional production process for Parmigiano Reggiano commonly known in dairy circles as The King of Cheeses. The supply chain begins with some family owned farms. Every day the farmers bring fresh milk to single product producers most of which are limited liability cooperatives of farmers and most of whom outsource the maturation process to warehouse operators.
Before it hits store shelves cheese is matured for or months. Credem accepts young wheels of Parmesan Reggiano as collateral and then ages the cheese in climate controlled bank vaults.Photo credit Emer Moloney The more it ages the more delicious and valuable it becomes—like cash in an interest bearing account. Eighteen month cheese gives pasta zing. Thirty six month cheese makes angels sing. The producers face very long lead times Egypt WhatsApp Number List Trichakis says. They basically have working capital tied to inventory for two years. They could shorten the maturation to cut down on costs but then the cheese that we eat would not be as tasty. Due to the slow time to market it s essential that farmers have access to credit lines.
However it s understandable why lenders might hesitate to grant loans to the cheese producers. small and medium sized enterprises helmed by farmers who are averse to the idea of consolidation even for stability s sake. They remain fragmented due to Italian tradition he says. Most of these families have been producing cheese for centuries and take pride in what they do resisting becoming part of larger corporations. And there are other market risks. Prices for Parmigiano Reggiano tend to fluctuate wildly along with market demand.
Before it hits store shelves cheese is matured for or months. Credem accepts young wheels of Parmesan Reggiano as collateral and then ages the cheese in climate controlled bank vaults.Photo credit Emer Moloney The more it ages the more delicious and valuable it becomes—like cash in an interest bearing account. Eighteen month cheese gives pasta zing. Thirty six month cheese makes angels sing. The producers face very long lead times Egypt WhatsApp Number List Trichakis says. They basically have working capital tied to inventory for two years. They could shorten the maturation to cut down on costs but then the cheese that we eat would not be as tasty. Due to the slow time to market it s essential that farmers have access to credit lines.
However it s understandable why lenders might hesitate to grant loans to the cheese producers. small and medium sized enterprises helmed by farmers who are averse to the idea of consolidation even for stability s sake. They remain fragmented due to Italian tradition he says. Most of these families have been producing cheese for centuries and take pride in what they do resisting becoming part of larger corporations. And there are other market risks. Prices for Parmigiano Reggiano tend to fluctuate wildly along with market demand.