EU DAIRY SECTOR FIGHTS THROUGH COVID-19, BUT GATHERING POLITICAL STORM CLOUDS THREATEN INDUSTRY HEALTH
July 2nd, 2020
THE EUROPEAN Union (EU) dairy sector has been riding out the Covid-19 crisis, despite weak raw milk prices, although looming political challenges regarding the EU budget and Brexit makes its future uncertain.
Pekka Pesonen, secretary general for EU farmers’ federation Copa-Cogeca, warned: “Producer prices have not yet seen an upward trend.”
Trade data released by EU statistical agency Eurostat has shown milk spot prices at EUR35/100 kg in June, down from between EUR40-45 last June. “Reduced milk cheques for farmers for four months in a row, means that ...
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