EUROPE’S MILK PRODUCTION REDUCTION MIGHT HAVE BEEN REALISED WITHOUT EU SUPPORT SCHEME, SAYS INDUSTRY
May 1st, 2017
THE EUROPEAN Commission has not been shy about claiming that its intervention in 2016 and this year into the European Union (EU) dairy sector has helped stabilise prices and brought balance to the market. However, EU dairy associations are more sceptical and wonder whether demand and supply was already moving in the right direction.
The Commission in April proudly announced that 48,000 milk producers from the EU’s 28 member states had applied for support in return for reducing milk deliveries by close to 861,000 tonnes in total, “most of which took place in ...
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